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Monday’s Music 2.0 Briefing: Yahoo Drops Subs, Real Cuts Staff, Italy Legalizes P2P & Much More

> Yahoo is turning over its subscription music service to Real’s Rhapsody, bought the FoxyTunesReal_2
Yahoo_music_5 open player and is pursuing a more open user focused music environment. (more)

  > Real has laid off about 10 staffers as it merges its Rhapsody operation with MTV’s URGE. (SF Weekly) We should lean more during RealNetworks quarterly earnings call on February 7th at 5 pm EST.  Webcast at investor.realnetworks.com via RealPlayer or call (800) 857-5305 or (773) 681-5857 overseas.

> The Italian Parliament has inadvertently legalized sharing music via P2P. (Slashdot)

> Benn Jordan, aka electronica’s The Flashbulb, has uploaded his newest album "Soundtrack To A Vacant Life" to What.cd, The Pirate Bay and other torrent trackers to bypass hat he sees as ineffective traditional distribution. His hope his they’ll go to his site and donate or buy FLAC downloads. (P2P Blog)

> XM Radio has settled its lawsuit with Sony BMG over the Pioneer Inno. (press release)

Zune_logo
> A class action suit will allege problems with Microsoft’s Zune led to ear damage. (OurDigitalMusic)

> 2007 sales of HD radios grew 700% over 2006. (FMQB)

> U2′s manager tells Hits that the band is not jumping to Live Nation as Fox News reported but has re-signed with Universal for four more records.Slacker

> A very positive review of the first Slacker portable player. (Wired) Video tour of the player after the jump.

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