> Once America's top indie record label, TVT has reportedly let go of most of its staff and is filing for Chapter 11 bankruptcy. (AllHipHop)
> Australia is considering joining Britain and the growing list of countries who want to force ISP's to cancel the accounts of illegal downloaders. (Sydney Herald)
> Eliot Van Buskirk has a great piece looking at how the record label lawsuits against Seeqpod are "an attempt to fight the "Google-ization of music" on his Wired Listening Post blog. "Google's cash cow, of course, is the massive AdWords network that pairs advertisements with search results to increase the chance that users will click on ads. SeeqPod aims to eventually do something similar in music by allowing users to buy albums, tickets and band merchandise."
> Hacker DVD John's SF based Double Twist has raised venture funds to develop and promote a variety of easy to use DRM busting apps. Apple's DRM has been a previous target. (paidcontent)
> ARTISTdirect has hired Salem Partners to explore mergers or sale. (press release)
> Yesterday was a holiday for many, but we published a Monday Daily Briefing which you can find here. And don't miss our Music 2.0 Week In Review and the Best Of post list from our sister blog OurDigitalMusic.
