NEWS BRIEF: WMG Settles Digital Suit; The Llewyn Davis Effect, Hypedmusic Shuts, Radionomy Buys WinAmp & More

THURSDAY 1.2.2013 Music Business News & Views From Around The Web  CLICK HERE Updated Continuously @ Hypebot's More News Tab 

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Best Of 2013: How MySpace Totally Blew It’s Big Relaunch

Despite a beautiful looking redesign, the new MySpace has not gained any traction. Musicians and marketers that I've spoken to say they're not seeing any increased activity; and sadly, there's an. Continue reading

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Plug.DJ Nabs $1.25M To Replace Turntable.fm

2 year old music discovery site Plug.DJ has received $1.25 million in funding to fill the void left by the closure of Turntable.fm.  The seed funding round for the previously. Continue reading

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“Maximizing Beatport” With A “Bloodbath” Of Layoffs: SFX Entertainment [SFXE]

Sketchy reports late last week that SFX Entertainment acquisition Beatport was laying off employees were confirmed yesterday. The firings of approximately 26 employees included numerous engineers, what we ordinary mortals. Continue reading

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PingTune Raises $1.6M For Music Messaging App

PingTune (formerly called TuneIt) has raised $1.6M for a messaging app that can include a small snippet of music. The seed funding for the UK based startup came from Rupert Hambro,. Continue reading

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What Do The Streaming Layoffs Mean? [PODCAST]

Last week TechCrunch reported that a huge percentage of Rdio staff were laid off. Months earlier, Slacker and Rhapsody also laid off staff. This trend begs several larger questions: Are. Continue reading

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Turntable.fm To Shut Down: $7M and Celebrity Investors No Match For Music Licensors

(UPDATE) After two years and $7 million, Turntable.fm is shutting down on December 2nd. The team will concentrate on its newer Turntable Live interactive online concert platform. Once again, the. Continue reading

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Microsoft In Talks To Acquire AOL’s Winamp and SHOUTcast

Earlier this week, it was announced that AOL was shutting down media player Winamp. But a new report says that Microsoft is in talks to purchase both Winamp and media. Continue reading

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Facebook Redesigns Like Button, Tests Star Ratings

Facebook has updated the design of its Like button for the first time since launch. The new design can be seen after the jump below.  Sites using the button will. Continue reading

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40% Of YouTube Traffic Is Now On Mobile

STOP. Before you read this, pull out your mobile and play your project's latest video on YouTube.  How does it look? Does the fine film work you  struggled to acheive. Continue reading

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