Digital music backend provider MusicNet has been sold to New York private equity firm Baker Capital, with Alan McGlade staying on as CEO. The price was not disclosed.…
A New York court has ruled that EMI division Capitol can use American common law to protect its interests in Yehudi Menuhin recordings, despite US federal copyright not applying.…
Unconfirmed reports from HitsDailyDouble suggest the Sanctuary Music Group is looking to sell equity to a major label and has approached EMI, Warners and SonyBMG.…
The Guardian predicts newspaper cover mounts will become unviable after Universal Music stopped licensing back catalogue, following EMI's earlier restrictions on cover-mount use.…
SonyBMG has signed up to SnoCap, the new business of Napster creator Shawn Fanning, which aims to recognise copyrighted tracks on P2P networks and collect fees for them.…
According to the Financial Times, EMI and Warner Music are pushing download platforms to raise prices, while Universal Music and SonyBMG are wary of increases.…
SonyBMG will add copy protection to new albums from The Chieftains, Kasabian and Susie Suh, and may extend the technology more widely if the Velvet Revolver release goes smoothly.…