More Music Inudstry News: Billboard, Spotify, Pirate Bay, iTunes LP, Terry McBride & More

The music industry news should start to get more interesting this week as companies rush to make announcements and finish deals before the end of the year. Sadly more layoffs seem ahead and MOG launches $5 streaming this week. Stay tuned…

• The sale of Billboard and The Hollywood Reporter seems close with Lachlan Murdoch a lead investor. (Financial Times)
• Borders has entered receivership in the UK according to Forrrester's Mark Mulligan who tweeted "The Media Meltdown claims another victim.
• Can Spotify's free music pay off? Spotify's digital music service has been hailed as the future of online music. But can its business model hold up? (Guardian UK)
• Pirate Bay Adapts To Stay Alive – Most other sites would have thrown in the towel by now, but despite unprecedented pressure, somehow The Pirate Bay remains alive and in pretty good health today. As one door closes, the site morphs and adapts to find ways to stay open and possibly even stay legal. Is the site becoming more and more difficult to shut down? (TorrentFreak)
• Apple opens iTunes LP and iTunes Extra to indie artists, labels and developers.
• Nettwerk Music CEO Terry McBride on imagination in business and cultivating wrongness. (video)
• Ian Rogers comments on the new Black Keyes / Blakroc release being iTunes and CIMS indie stores only. (Fistfulayen)
• RED Distribution has teamed up with SPIN, Best Buy and Napster for the premiere SPIN mini-magazine, available now at Best Buy locations nationwide. (press release)
• Top 10 Spotify Spinoffs. (Music Ally)