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# AM News Brief: UMG Offers $’s To Keep Reid, Qtrax Is Online, Digital Sales Projections, Android & More
- URL: https://www.hypebot.com/am-news-brief-umg-offers-s-to-keep-reid-qtrax-is-online-digital-sales-projections-android-1-more/
- Published: 2011-03-07T06:00:00.000Z
- Updated: 2011-03-07T06:00:00.000Z
- Description: Hypebot publishes a briefing of top industry news mid-morning (ET) every weekday and when warranted adds a PM update late in the afternoon. Universal Music Group is trying to keep. Continue reading [https://www.hypebot.com/hypebot/2011/03/am-news-brief-umg-offers-s-to-keep-reid-qtrax-is-online-digit
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:59

[![Hypebot Favicon](http://hypebot.typepad.com/.a/6a00d83451b36c69e2014e867d3b4f970d-50wi "Hypebot Favicon")](http://hypebot.typepad.com/.a/6a00d83451b36c69e2014e867d3b4f970d-pi?ref=hypebot.com)

Hypebot publishes a briefing of top industry news mid-morning (ET) every weekday and when warranted adds a PM update late in the afternoon.

- **Universal** Music Group is trying to **keep** Island Def Jam head **Antonio “L.A.” Reid** from joining the ongoing executive shuffle by offering to **form a joint venture** with him. ([Bloomber](http://www.bloomberg.com/news/2011-03-05/universal-music-said-to-be-in-talks-with-def-jam-chairman-to-form-venture.html?ref=hypebot.com)g)
- Four years after an embarrassing false launch at Midem, infamous ad-supported **Qtrax is back online** and licensing music. **EMI** has signed a short term deal and pc users can **try it in beta [here](http://music.qtrax.com/player/download.html?ref=hypebot.com)**. Check it out and tell us what you think.
- Global **digital music revenues** to hit **$20 billion** by 2015 according to a new report. ([Telegraph](http://www.telegraph.co.uk/technology/news/8366317/Digital-music-revenues-to-hit-20bn-by-2015.html?ref=hypebot.com))
MORE

:

- **Android** just **surpassed Apple** and Blackberry as the top mobile operating system according to [Nielson](http://blog.nielsen.com/nielsenwire/online%5Fmobile/who-is-winning-the-u-s-smartphone-battle/?ref=hypebot.com).
- **Canadian songwriters** propose $10 fee for music-sharing. ([Gazette](http://www.montrealgazette.com/entertainment/Songwriters+propose+music+sharing/4387146/story.html?ref=hypebot.com))
- **we7** launches new **personal radio app.** ([Music Ally](http://musically.com/blog/2011/03/07/we7-launches-new-personal-radio-app/?ref=hypebot.com))
- **RIAA** responds to City Pages cover story about Jammie Thomas-Rasset. ([CityPages](http://www.citypages.com/2011-02-23/news/riaa-responds-to-10-city-pages-cover-story/?ref=hypebot.com))
- A profile of Elektra Records founder **Jac Holzman**. ([NYT](http://www.nytimes.com/2011/03/06/arts/music/06holzman.html?%5Fr=1&ref=arts))
- Whatever Happened To The **Audiophile**? ([NPR](http://www.npr.org/2011/03/05/134256592/whatever-happened-to-the-audiophile?ft=1&f=1106&ref=hypebot.com))
- The **Digital-Music Business** Blooms In SF. ([NYT](http://www.nytimes.com/2011/03/06/us/06bcculture.html?%5Fr=1&ref=hypebot.com))
- **Commerce On Facebook,** The Next Billion Dollar Business ([SAI](http://www.businessinsider.com/heinz-facebook-commerce-2011-3?ref=hypebot.com)) Now comes the scramble for artists and music companies to develop a Facebook commerce strategy.
- **Sony** Music Hires **CEO** Who Has Admitted He **Doesn't Know How To Run A Modern Record** Label ([Techdirt](http://www.techdirt.com/articles/20110304/01540513361/sony-music-hires-ceo-who-has-admitted-he-doesnt-know-how-to-run-modern-record-label.shtml?ref=hypebot.com))
- How long is **Last.fm** gonna last? ([TheNextWeb](http://thenextweb.com/industry/2011/03/05/how-long-is-last-fm-gonna-last/?ref=hypebot.com))