As they did last week, music on Facebook and the evolution of Spotify are likely to dominate chatter in the music space this week. This morning, Spotify announced listening limits are being dropped for 6 months on free accounts with a 10 hour cap thereafter. With it came a requirement that new users must have a Facebook account. And our debate over Spotify royalties continues. (Vote) Stay tuned for indie artist Zoe Keating's take.
- Why lyrics are the consumer web’s next big thing, again (VentureBeat)
- Tumblr raised $85 million in a new round of financing.Greylock Partners and Insight Venture Partners along with Virgin chief Richard Branson, Spark Capital and Sequoia. (CNet)
- Napster and Facebook co-founder Sean Parker is cosidering buying EMI (NY Post)
MORE: