Thursday’s Music 2.0 Briefing: Credit Crunch Hurts EMI And WMG, NIN Remix Back, Big Net Radio In Trouble & Much More

>>> Turmoil in the credit markets is hampering plans by EMI and Warner Music to issue Moneytoiletbillions of dollars in debt
backed by revenue from their publishing catalogs. (Reuters)

>>> EMI is threatening to pull its $25 million a year funding of the RIAA. (ars) Maybe there plan is to hire their own consultant to make consumers hate EMI specifically instead of just major labels in general.

>>> Interscope may have gotten cold feet and pulled its Nine Inch Nails remix site but Tent Reznor has countered with his own re-mix site. (remix.nin.com) It’s in beta and best viewed in Firefox.

>>> Pirate Bay cancel OiNK replacement BOiNK but will delve deeper into music with a new section. (ZeroPaid)

>>> Yahoo! and AOL may silence their online radio stations because of hire rates and have already stopped promoting the streams. (FMQB)

>>> One journalist rates  some of the top download sites. (Relish)

>>> Join the action as Hypebot readers nominate sites for our first annual Music Blog Awards and comment on the New Label Models.

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