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NEWS BRIEF: UMG Wants EMI, $6M For Ustream, UK vs. Pirate Bay, Eminem, Digital Sales, Pandora & More

HypebotFaviconEMI SALE UPDATE: Universal Music Group is back at the table trying to buy EMI. (WSJIn addition only WMG/Access and a longshot bid by billionaire Ron Perleman are the subject of rumors from the usual sources.

  • Ustream secures $6 million more in funding as CEO exits. (DMW)
  • Music industry group told top UK ISP it's time to block Pirate Bay. (ars)

MORE:

  • In the wake of the ruling against UMG, record company Aftermath owes rapper Eminem's production company F.B.T. Productions royalties on digital downloads of songs from his "Recovery" and "Relapse" albums, according to a new court decision. (Courthouse News)
  • UK digital album sales hit 21.3m, surpassing 2010 figure with 2 months to spare. (TheNextWeb)
  • Pandora is in no hurry to join the Facebook music parade. "“We’re going to watch how that’s embraced and what listeners tell us and that will sort of dictate how do we evolve it over time,” founder Tim Westergren told Forbes.
  • Digital distributor IRIS has cut a worldwide deal for artists presented by Saban Brands including Paul Frank and Power Rangers.
  • 12 more indie labels have joined 30 already partnering with TheNewRecord.com for music disovery. The 12 are Vanguard, Sugar Hill, ESL, Deathwish, Run For Cover, Red Scare, Girl Bros, Blkheart Group, Greater Than Collective, Projekt, Run for Cover, and Everloving.

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