New Music Business Briefing: Edison Invests In Sonicbids, Universal Grabs V2, WMG Pets Bulldog & More

>>> The Edison Venture Fund has made a substantial investment in popular online press kit service Sonicbids.

>>> Universal’s buying spree continues with the purchase of V2 from Morgan Stanley. (Billboard)

>>> Apparently WMG has invested heavily in Bulldog Entrainment who produces the failing $3000 per ticket VIP concerts in the Hampton’s with the likes of Prince and Billy Joel. Sources claim CEO Edgar Bronfman was deeply engaged in the details of each performance paying more attention than he has to troubled WMG of late. (Fox News)

>>> The top 3 U.S.cell companies will all sell the Razr2, successor to Motorola’s very popular Razr phone which includes a camera and music player. (Reuters)

>>> Apple has launched My iTunes widgets so users can share their iTunes favorites on blogs, social networking sites, etc.

>>> The Daily Swarm asks besides Pearl Jam "Who Else Did AT&T Censor?".

>>> Two thirds of UK music fans surveyed said that technology has caused them to discover and listen to more music.
>>> Former Lennon personal assistant and lover May Pang is publishing a book next year of Lennon and Beatles photos. Her new web site gives a sneak peek.

>>> R.I.P. – Factory Records founder Tony Wilson.