AM News Brief: $20 Yr. Apple Music Locker, Spotify US, Borders For Sale, Professor Ian Rogers & More

Hypebot publishes a morning roundup of music business news each weekday, and when warranted we add an update late in the afternoon. For breaking news also follow @hypebot on Twitter.

• Apple's Mobile Me music locker will cost just $20 per. (Cult Of Mac) The fee barely covers storage costs which may mean that rightsholders may have given in on additonal use payments.  Score another one for Apple while labels make Google wait.
• Spotify has hired Domino Records' head of digital Steve Savoca to be in charge of content operations in the US.  He reports to Ken Parks, GM and of Spotify US. Spotify to broadcast its first live gig. (TechRadar)
• Bankrupt Border's store closing sales began today at 26 locations in 14 states.
• Professor Ian Rogers? It's true. The Topspin CEO is co-teaching Music Business Now: How It Really Works for UCLA Extension Classes start soon, Get info here.

MORE: 

• How One Music Startup Is Defying the Odds By Breaking the Rules. (Mashable)
• Why anti-piracy laws may never be used. It is increasingly likely that rights holders will have to take the fight against piracy back into their own hands and not rely upon upon the Government. (Telegraph) 
• SXSW 2011: Music Apps Get Social; Streaming Battle Continues. (MediaShift)
• 10 Bands Shaping The Post-Nirvana Era. (HuffPost) 
• 'Shazam With Friends' Is Like A Useful Ping… (DailySwarm)