News Brief: New UMG Lawsuit, Jay Z Lifestyle Site, Berklee + Soundcloud, Fanbridge, Hack Day & More

Hypebot.com posts a roundup of music business news each weekday morning and breaking stories throughout the day. For the latest also also follow @hypebot on Twitter.

• Following the lead of Eminem and his producers, the estate of Rick James has filed a class-action suit against the Universal Music Group, saying that the company has failed to properly account for royalties and may owe its artists “tens of millions of dollars.” (NYT)
• Jay Z is expanding his brand farther with a new lifestyle and music site Life And Times.
• Berkleemusic has partnered with SoundCloud to power its Berklee’s new online community. (press release)

MORE:

• Former KCRW music honcho Nick Harcourt has been named MTV's first Music Supervisor In Residence.
• Fanbridge has added more detailed campaign analytics including what media has been downloaded, the amount of email forwards and stats about social network shares.
• The awesomeness that is Music Hack Day comes to San Francisco on May 7 & 8 hosted by Tokbox.
• Montreal's Stingray Digital announced that it's buying Music Choice Europe for undisclosed $'s Press release.
• Online and digital revenues at traditional radio stations will see a 14.1% compound annual growth over 5e years, rising from $405 million in 2010 to $494 million this year, and $783 million by 2015. (DMW)