CNM Short Takes

Musicrypt edges toward profitability
Toronto digital music distribution firm Musicrypt Inc. recently released its financial statement for the first half of 2005, ending June 30. The firm is still in the red with a net loss of nearly $800,000, but that’s a considerable improvement on the $1.4 million loss it reported last year during the same six-month period. Revenue grew during the half as well, soaring more than 300% from a paltry $32,000 in 2004 to $150,000 this year. Musicrypt’s service is used for secure delivery of digital audio content by radio stations, music studios and other entertainment and broadcasting industry applications.

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Pressure on, polls abound in satellite radio fray

The independent Canadian music scene and others supporting the CRTC’s licensing of satellite subscription radio services are ramping up their lobbying amid recent speculation that Canadian Heritage minister Liza Frulla is going to ask the federal Cabinet to refer the decision back to the commission for re-evaluation. Indie Pool Inc., a for-profit provider of bulk recording, merchandising and marketing services to independent Canadian musicians, has released a survey showing that a majority of such artists support the CRTC decision, while Sirius Canada on August 29 announced that 76% of Canadians agree with the commission according to a recent poll it commissioned.

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NL International Briefs

Successful VoIP adds value to broadband: ABI
A new study from ABI Research notes that despite a low number of Voice over IP subscribers worldwide by 2010, VoIP will continue to show dynamic market growth. The research firm adds "the most successful business model for VoIP services uses its strength to add value to existing broadband subscriptions." Broadband technologies principal analyst Michael Arden says, "VoIP’s greatest benefit is that you can consolidate many things. For example you could have your email working with your voicemail, working with your telephone, working with your Outlook calendar. Such enhanced value services are a key drawcard."

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NL People

Dave Dobbin has left his position as COO of Telecom Ottawa to take over as president of Toronto Hydro Telecom. He has been replaced by Jacques Taillefer, VP of sales at Telecom Ottawa since 2002. Dobbin oversaw the completing of the company’s all-optical fibre network that has grown to become one of the largest, metropolitan-wide 10-Gigabit Ethernet networks in North America.

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