NEWS BRIEF: Spotify Traffic Soars, S&P Bashes Clear Channel, FB, Deezer, Believe, OurStage & More

Traffic on Spotify is soaring, up 30% in the last month to more than 10 million average monthly users,  according to AppData.

• Standard & Poor's Ratings Service announced it has downgraded its rating outlook for Clear Channel and parent company CC Media Holdings Inc. from positive to negative.
• Facebook Timeline is now available to all users.

MORE:

• Deezer, who is launching its music streaming service in 200 countries in the next 6 months, has released an iPhone app that offers full access to 13 million track plus offline listening.
• Believe Digital has announced major new global distribution deals with two UK independent labels Revolver Records and reggae specialists Fashion Records.
• ShareMyPlaylists is now live in the Spotify App platform. 
• Stunning News: Music Industry Acts Rationally. Peter Kafka on the Madonna Interscope deal.
• Last.fm launches music discovery tool. (O Music)
• OurStage.com Airs Original Web Series Finale The OurStage Panel – featuring Musical Performance by American Music Awards "New Artist of the Year" Hot Chelle Rae and Special Guest Panelist, 5-Time GRAMMY Award-Winning Producer, Steve Lillywhite