REWIND – The Music Industry’s Week In Review

Hypebot publishes a weekly roundup of music business news each Saturday. For breaking news also follow @hypebot on Twitter.

• Warner Music's Board is only considering offers, said to be $3 billion plus, for the entire company and is reportedly close to a deal.
• An Amazon Email Told Labels That Their Cloud Launch "Boosted MP3 Sales" And Their "Not Looking For Licenses". (Text of the email.)  Then Amazon Met With Labels Later In Week…
• Spotify limits free service. Will htis clear the way for US launch?
• Damaged Social Network For Sale: As New Corp tries to sell MySpace, an internal  document projects $165 million loss this year alone. MySpace also lost its CTO and is facing a possible class action lawsuit for sharing user data.

MORE NEWS:

• Labels Could Owe Artists More Than $2 Billion In Unpaid Royalties.
• Kyle Bylin is joining the staff of Billboard.
• Odd Future Manager Christian Clancy On Chaos, Authenticity and Building The Pull
• Tunecore Launches A Major Upgrade.
• Soundcloud Launches "Takes Questions" Audio Q & A Platform.
• MTV Tries Music Discovery: New Tune Or Catch-up?
• XM Settles, Agrees To Pay Independent Labels $3.6M.
• How To Increase Engagement In Facebook Wall Posts, A Statistical Review.
• A look at Facebook Questions.
• Tuncecore CEO Jeff Price Responds: "When Artists Become The Product"