Music Industry Week In Review: Layoffs, Pinnacle Bankruptcy, (RED), Amazon UK, Majors Talk iTunes & Much More
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Monday's Music Briefing: Wired's Listening Post Closes, Sony & WMG Pull iLike Songs, Pinnacle & More

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MORE NEWS:

  • Wired is shutting down its great music and tech focused blog Listening Post. While the promise to shift the coverage elsewhere on Wired, it will be missed.
  • Ilike Apparently because of a glitch or renegotiation of the Rhapsody deal which enables some of the song playback on iLike, Sony and WMG  are pulling some songs from iLike. (Media Memo)
  • Aim_logo Lawyers for UK trade group AIM have moved to help some indie labels cancel their contracts with bankrupt distributor Pinnacle. (Billboard)
  • The iPhone may be coming to WalMart with a $99 price point. (Bloomberg)
  • 5 Easy Steps To Plus Online Music Leaks. (Reuters)
  • Starting with Fall Out Boy, young women's specialty retailer Wet Seal will launch an in-store music program focusing on driving licensed merchandise within the music category. (press release)
  • Like the rest of us, iTunes is worried about slower Christmas sales. (Jakarta News)

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