More Music News For 8/4/09: SocialChord, Spotify $’s, Zune HD, Friends Of Music & More

• With SocialChord artists can offer fans a paid subscription to premium content via Twitter or SMS. It's a great concept and kudos on payments via all the major cell carriers, but with subscriptions set at $5.99 with only $1.80 returned to the artist, is it worth it? 
• Google's CEO resigns from Apple's Board Of Directors (DMW)
• Spotify is close to securing major new investment capital that could range as high as $50 million. (Reuters) 
• A very positive quick hands on with the new Zune HD. (Digital Noise)
• Clear Channel will be selling streaming ads for Pandora. (FMQB)
• For a new label Tiny Engines, vinyl is very much alive. (Glide)
• A UK site comparedownload.com enables search for a download across all the major retailers including finding the lowest price. (Music Week)
• Indie label Friends Of Friends Of Music begins with the premise that while people love music, what they may be more willing to pay for may be a t-shirt or other connection to the artist. (Paste)
• A third of young people would not pay for music online, says EU Council report. Hardline attitude to payment systems among young revealed. (Guardian, The Report)
• Don Bartlett Explains How Joe Pug Gave Away Free CDs To Connect With Fans. (Techdirt)
• An outline of the proposed Performance Rights Act: Radio must pay to play based on revenue. (Variety)