Nominations Open For Hypebot's Music Blog Awards
WMG Reports Thinner Profits Plus A 360 Sinatra Deal

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. ( 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.