Shades of Dick Cheney! Subscription music service eMusic’s last CEO took off last fall. Chairman Danny Stein, who ran the company years ago, ran a search for a replacement and decided that the best man for the job was…Danny Stein.
Yet another digital company is cutting back: eMusic, the digital music subscription service, is firing “about 10 percent” of its 100-person staff. The company says sales are okay, but it’s seeing softness at retail partners like Best Buy. And it’s also still looking for a new CEO.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
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