Friday’s Music 2.0 Briefing: Grammy Noms, Radiohead Turns Dial, Net Radio Wants Royalty Parity & More

UPDATED:

>>> Music Intelligence Solutions has grabbed $7 million in angel funding which "will be used to provide the companies digital music discovery solutions to record labels, consumers, online portals, advertisers, artists and wireless carriers." (press release)

>>> Here’s the complete list of Grammy nominations by category.

>>> Radiohead is ending its much written about "pay what you want" download in a few days. (OurDigitalMusic) and has begun talk with iTunes. (Billboard.biz)

>>> AT&T has opened its network to all phones, devices or apps effective immediatelly. (USA Today) Verizon says will do so next year. Google is working with Sprint and others to open their networks. These moves open the door for a variety of portable music apps and players.

>>> Music distributor Handlemna reported a 5% loss in revenue in its latest filings.

>>> In letters sent to the US House IP Subcommittee and the Senate Judiciary Committee, DiMA members RealNetworks, AOL, Yahoo!, Pandora and Live365 asked them for royalty parity for broadcast, satellite, cable and Internet radio. The committees are
currently re-evaluating the broadcast radio industry’s royalty rate exemption.Broadcast radio pays no royalties to recording artists and copyright owners today. Royalty rates for satellite and cable radio services have historically been between 3% and 7.5% of revenue, and net royalties have historically exceeded 30% of revenue and were elevated recently to more than 50% of revenue for some webcasters. (DiMA)

>>> Seminal Long Island, NY music retailer Loony Tunes is back with a new store just in time for Christmas. See it here.