NEWS BRIEF: New Facebook Concerns, VEVO Hunts $$, Echo Nest + Discog, Moobahton, Mulligan & More

FavVHRZFacebook stock was holding steady around $32 on Wednesday. That's off its $38 IPO and first high in the mid $40's, but still far better than feared given reports that U.S. regulators are looking at  problems with the offering.

  • VEVO is in early stage talks with new investors, according to the Financial Times.  At present, there are no IPO plans for the music video aggregator.
  • The Echo Nest has added discographies site Discogs to it's growing Rosetta Stone database.


  • Sean Parker and Sean Fannings stealth video startup Airtime has reportedly acquired former Hulu CTO’s startup Erly and raised $25M Series B funding.
  • Moombahton, the new D2F revolution: The rise of the new "moombahton" dance genre couldn't have happened without direct-to-fan tactics, says Zvooq's Bas Grasmayer on Midemblog.
  • Mark Mulligan on Fools Gold: "Finally Someone Builds a Digital Music Service the Way It’s Meant to be Built!"
  • Pandora hosts an earnings call at 5PM ET today. Listen in here.
  • Band Protests As A Copyright Troll Sues Its Fans (techdirt)
  • Celebrating 15 years, indie label Yep Roc will commandeer a club in Carrboro, N.C., in October for three nights of music with label acts Dave Alvin, Nick Lowe, Fountains Of Wayne, Robyn Hitchcock and more. (Pollstar)

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