MediaBytes – 05/23/07

UNIVERSAL MUSIC‘s purchase of BMG Music Publishing was approved by the European Union.
Universal will become the world’s largest music publisher.

JOOST signed with Creative Artists Agency. The partnership will give Joost greater access to programming, due to CAA’s relationships with content creators and owners.

SoundExchange, which collects royalties from Webcasters on behalf of the record industry, will defer copyright payments for Webcasters with revenue of $1.25 Million or less.

CNN plans to retire Pipeline, its premium online video service brand. Pipeline allowed online viewers to watch multiple streams of CNN content for an annual fee. This option will become available for free.

ANHEUSER-BUSCH‘s Bud.TV continues to suffer audience erosion. After a 40% drop-off during March, the traffic for April was so low that comScore didn’t even measure it.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit



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