More Music Industry News: Concord Records, Sony Sales, Twitter Drops Torrents, Fontana & More

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  Concord Music Group marches to its own beat. – The record label isn’t looking only for the next platinum album, a strategy that has allowed it to survive and thrive. (LA Times)
• Sony Music Realigns U.S. Sales Group  (FMQB)
• "Steve Jobs Is Lying About Flash". He Blogs On Why He Hates Flash, But Can't Get His Facts Straight (Business Insider)
• Facebook, The App Store, And The Sound Of Inevitability (TechCrunch)
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  Twitter Suspends Accounts of Torrent Sites – Twitter has suspended the accounts of at least two torrent sites and removed all of their followers. No reason for the suspension has been given other than that the sites in question “abused” Twitter’s service. Both sites were updating their accounts with newly published torrents daily. (TorrentFreak)
• Indie rapper Necro has signed a distribution deal with UMG subsidiary Fontana for his Psycho+Logical-Records. The deal was brokered by RBC Records, who handles General Managerial duties for Psycho+Logical.
• RIAA Gets AFL-CIO To Support Performance Tax: Payments In Perpetuity For A Small Amount Of Work (Techdirt)
• A look at the universality of the blues. (HuffPo)
• Don't miss anything important with Hypebot's REWIND: The Music Industry's Week In Review.