>>> The Tower Records brand will live on both online and in new superstores in LA, San Francisco and NYC.
>>> Hip Hop Music magazine The Source has filed for bankrupcy protection.
>>> Burnlounge is converting much of it’s indie download catalog to DRM free mp3’s. The service has also added a social networking component. (press release)
>>> WORTHY CLICK: Peter Gabriel is part of the team launching ad supported download site WE7. This DRM free site may really be on to something.
>>> Distributor RedEye has cut a deal to make its catalog available to film and TV via PumpAudio.
>>> Sirius reported a mixed quarter adding 556,490 subscribers (1/3 less than same quarter last year) with a 61% gain in revenue. Losses dropped by 2/3rds but were still at $144 million.
>>> Newly relaunched as part of MTV Network’s online expansion, VH1Classic.com is bringing music of the 70’s, 80’s and early 90’s online.
