Thursday's Music 2.0 Briefing: Online Owes $100M, HypeMachine Worth $10M & Much More
HYPEBOT FEATURES:
> Online music services could have to pay songwriters as much as $100 million in royalties according to a court ruling. (Reuters)
> Rumors have Viacom trying to buy music blog aggregator Hype Machine for $10M. (ValleyWag) Rupert, I'm over here!
> Radiohead says the pay what you want album release experiment was a one off. (Reuters)
> Virgin Mobile has teamed with Burger King for a $1 ringtone promotion.
> An ad hoc group called Project Unfound Artist is using crowd sourcing to find artists with unclaimed royalties sitting with SoundExchange. (P2Pnet)
> A judge has rejected the "because its available to share, it must be illegal" theory that the RIAA has been using to sue thousands. (News.com)
