NEWS BRIEF: Ted Fields’ New Label, MegaUpload Legal Snafu, Kimbra, EMI vs. Cash Money& More

Even as most of the music industry swims out of the post-SXSW fog, news continues to flow from around the glob.

• Interscope co-founder Ted Fields will launch a full service label backed by Sony, according to reports. (NYDN)
• New Zealand judge issues a ruling that could lead to the MegaUpload case being thrown out of court. (NZ Herald)
• Can Spotify Catch iTunes in Two Years? The Numbers Behind Sean Parker's Prediction. (Glenn Peoples)

MORE:

• Buzz artists Kimbra – A Fan Base Without Borders (NY Times)
• YouTube and Dell have partnered to live stream major music festivals including New Orleans Jazz & Heritage Festival, Bonnaroo, Lollapalooza and Austin City Limits
• Cash Money Records is being sued by EMI because the label has reportedly failed to pay quarterly royalty payments previously agreed upon as part of a 2009 settlement between the parties. The label reportedly owes $491,000 in royalties for samples from EMI catalog. (HipHopBlog)
• Bruce Springsteen, Another Pirate Remixer! (techdirt)