AM News: Sony’s Music Future, 50 Cent The Pirate, Lyor Grabs $7M, Mix-A-Lot Game, #ampNMS, More

After the recent security breaches, Sony's music comeback story needs a third act. (CNet) The cloud music space is heating up and Sony must rename, re-brand and redesign tomorrow… or it will be too late.

• Did Universal Music Declare 50 Cent's Own Website Is A Pirate Site? (Techdirt)
• Gloom Lifts on Music in Cannes as Vevo, Spotify Add Customers (Bloomberg)
• According to a SEC filing, Warner Music Group North American Chairman/CEO of Recorded Music Lyor Cohen sold 871,102 shares of the company for $7.13 million at $8.19 per share.

MORE:

• Apple Launches HD Streaming App for iTunes Festival 2011. (Wired)
• Rapper Sir Mix-A-Lot of “Baby Got Back” fame has launched an hilarious new Facebook game. (Mashable)
• Sony Music Palace Intrigue: Fredo Neutered ‘For The Good Of Mankind’ (Wayne's World)
• Don't miss Andrew Dubber's free #ampNMS online music biz discussion @ 4pm UK time and 8pm UK time here today. Tuesday's session was great.