> Universal expects MySpace to settle their lawsuit.
"I think it will settle. It would be a horrible case for them to lose," music head Doug Morris said at the Reuters Media Summit in New York.(Reuters via cNet)
> Warner Music buys UK firm The Rights Company and gets into the video content business. (Variety)
> Set your alarm clocks: The Warner Music Group 4thQ earnings call is tomorrow (Friday) at 8:30AM EST. Expect flat numbers and slower download growth.
To listen: (800) 857-2625 or (210)
234-6601. Passcode is “Warner Music.” A replay of the call will be at
(866) 443-1220 or (203) 369-1096 for a week. There is also webcast at www.wmg.com.
> Founder Jac Holzman talks about the early days at Elektra Records. (Guardian Unlimited)
> Are The Beatles finally headed to iTunes? (TechWeb) Not bad news for potential EMI investors. (see below)
> Music attorney Stephen Gordon has written a an op-ed piece skeptical about how much of the $1 Universal is getting for each Zune will go to the aritst. (Register UK)
> EMI stock continued its two day upward trend on the news of a buyout by one or more financial groups. But their trying to keep it business as usual within EMI including a new UK mobile marketing deal with Flytxt. (press release) Expect more similar deals from both majors and indies.
