Monday’s Music 2.0 Briefing: EMI Debt, Radiohead Tricks Charts, Teen Spending Drops, Radio 1 Gets Social & More

> CitiGroup is struggling to unload its EMI loan exposure thanks to down markets and an unknown future for EMI. (FT)

>  Think you can’t trick the charts post Sound Scan?  Think again.  Listening Post figured out and Idolator confirmed that it was the sales of individual remix tracks that pushed Radiohead up the Billboard charts recently.

> Terrestrial radio stations have grabbed a 45% share of the internet broadcasting market according to a new in depth JP Morgan study. The recent CBS Last.fm integration is powering some of the growth. (pdf)

> A Piper Jaffrey shows a major 15-20% drop in overall teen discretionary spending, but a slight drop in illegal downloading (summary) Mom and Dad have to find the cash to pay for gasoline and groceries somewhere.

> US urban broadcast group Radio One has bought social networker Community Connect Inc. for $38 million. CCI owns sites such as BlackPlanet.com, MiGente.com and AsianAve.com. The company says its sites have more than 20 million members combined. (press release)

> Is music the soundtrack to you day? There’s a look at how I use music to motivate and set my moods on my consumer music blog OurDigitalMusic.com.