Music Industry News: Last.fm Loss, Limewire Fades, Gaga Hacked, ExFM, George Howard & More

• Last.fm reveals £2.84m loss for 2009. (Music Ally)
• Going, Going: LimeWire Shutters Online Store, Too. (MM)
• Two German hackers allegedly stole pop songs from Lady Gaga, Justin Timberlake, Kesha and Kelly Clarkson, selling them online and forcing the advanced release of several singles. (AP)
• ExtensionFM Becomes exfm: An Extension That Makes The Web Your Social Jukebox. (TechCrunch)
• Indie Artists & Labels Grab 50% Of Grammy Nominations (Hypebot)

More Music Industry News & Commentary:

• Music in China: Seeking profit in the world’s toughest recorded-music market. (Economist)
• Avoiding US Censorship, Torrent Sites May Flee To China. (TorrentFreak)
• Ryan Seacrest Paid $60 Million to Save Radio. (DT)
• Loyola's College of Business is eliminating its music business program and letting go to experienced professors  Dr. Jerry Goolsby and the brilliant George Howard who also teaches for Berklee online, consults and blogs at 9GiantSteps. (LM)
• Piracy Is Over Like The Web Is Dead. (TechDirt)
• 10 Compelling Music Videos Shot on the Apple iPhone. (Mashable)
• How To Write A Hit: Think Like A Teenager (But Keep Parents In Mind) (NPR)
• Harmonix' Rock Band Reloaded is on available as an iPhone app.
• Marketing Tip: Probabalistic Promotion (Topspin)