Hypebot’s New Music Business Briefing For Wednesday December 20th, 2006
>>> In a synergistic match-up new music social networking site iLike grabs $13.5 million from Ticketmaster who will sell tickets to the site’s devotees. (VentureBeat)
>>> Sony BMG to pay $1.5 million to settle DRM rootkit lawsuits brought in California and Texas.
>>> The Grateful Dead and others sue online classic concert streaming and memorabilia site Wolfgang’s Vault. (Variety)
>>> Shanghai
Push Sound Music & Entertainment Co. Ltd. won a landmark case against mainland China P2P operator Kuro. (Interfax)
>>> RIAA drops controversial case against Patti Santangelo but continues to sue children (Recording Industry vs. The People)
>>> MTV launches a new unit focused on mobile. (Digital Music News)