More Music Industry News: Digital Sales Slump, Nimbit Changes, EMI, Hack Day, MS Cell Phones & More

(UPDATED)

• Music’s Digital Sales Boom Comes to an End. (All Things Digital)
• There's an executive level shakeup happening at Nimibit. Stay tuned for details…
• Are Terra Firma actually ready to fight to keep EMI? (CMU)
• Warner Music Group has joined Universal and EMI in licensing catalog to the new WaTunes' Facebook Application Music Store.
• Virtual Worlds, Real Money: Can Social Games Solve Music’s Woes? (Wired)
• Music Hack Day Is Coming To San Francisco. (TechCrunch)
• WebFest Tour – Typepad (which powers Hypebot) is sponsoring a tour for the 5 bands using their blogging platform that have the most engaged fans. Details here.  
• A first look at Mflow, a new UK download service currently in priovate beta that encourages users to recommend tracks to each other for a free listen. (Guardian)
• Microsoft is expected to announce its own line of "Pink" social cell phones. (NY Times) 
• Mental Machine Music: The Musical Mind in the Digital Age. (PopMatters)
• How File-Sharers Will Bypass UK’s Anti-Piracy Act – In an apparent attempt to stop piracy from bankrupting the music industry, the UK Government passed the Digital Economy Bill last week. Despite their good intentions, the lawmakers have come up with a legislative equivalent of DRM that will not have the slightest effect on seasoned file-sharers. (Torrent Freak)