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Friday’s Music Briefing: MySpace Opens, Death Row Sells, XM Settles & More

HYPEBOT FEATURES –

> MySpace opens its walled platform further and allows 3rd party date sharing. (ars)

> Suge Knight’s Death Row Records was sold for $24M to Global Music Group. (SOHH)

> XM has settled with EMI Publishing in the Pioneer Inno lawsuit. (press release)

Napster
> Napster faces a proxy battle from three shareholders saying that current management has not been aggressive enough against iTunes and in fighting piracy. (Reuters) The proxy battle may be a silly distraction for Napster’s board brought by minor shareholders, but the three are right that Napster was slow to go mp3 as well as take other moves to compete.

> US and UK concert recommendation site SongKick has closed a $1.1 million funding round. (PaidContent)

> MTV continues to combine web and TV offerings with several new shows. (Reuters)

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