>>> SoundExchange has formerly offered small webcasters with under $1.25m in a royalty rate of 10-12% of total revenue through 2010. Broadcasters have until September 15th to respond. (RadioOnline)
>>> Apple has reportedly signed on three major carriers for its European iPhone launch. (Financial Times)
>>> Study says music piracy worldwide costs industry $12.5 billion (FMQB)
>>> UK based 7Digital becomes the first to sell 24 Rolling Stones albums as DRM free mp3's. (Reuters)
>>> Nettwerk defends its deal with P2P Limewire. (Billboard)
>>> Verizon debuts new Q Smartphone with music-centric interface and Windows mobile. (PC)
>>> Following YouTube's viral lead, Last.FM has added the ability to share music videos on other sites and blogs.
>>> Page down for yesterday's stories on the new MTV/Rhapsody/Verizon music service and WalMart.com's move into DRM free downloads.
