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Wednesday’s Music Brief: Goom Gets $16M, WMG MySpace, AEG, Obama, Savoy & More

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MORE MUSIC INDUSTRY NEWS:

  • EMI EMI owner Terra Firma has the cash to shore it up. (FT)
  • An embarrassed Warner Music regrets MySpace Music deal (TechCrunch)
  • Free Comes To Concerts: Nettwerk Testing Its 'Pay On The Way Out' Concerts (Techdirt)
  • Interview: Lala Co-Founder on 10-Cent Songs, iPhone Apps and Cable Partnerships (Epicenter)
  • Concert promoter AEG has launched a simple yet innovative platform that aggregates the sponsorship opportunities at its many major music festivals called Your Brands Our Fans
  • Obama_hope The Obama administration taps 5th RIAA lawyer for the Justice Dept. (Threat Level ) How about just one lawyer from the EFF?
  • Universal's indie distribution arm Fontana has added the Savoy Label
    Group
    which includes 429 Records, Denon Classics, SLG Records,
    and Savoy Jazz
  • Hands-on: Free but inconvenient music doesn't work for Qtrax (ars)
  • Local record stores play on despite economy. (Orion)
  • Video producer Mills Miller has created a non-commissioned video inspired by Kayne West's "Street Lights".  Watch it after the jump below.



Kanye West-Street Lights(SPEC) Dir:Mills Miller from MillsMillerMedia on Vimeo.

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