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# Music Biz News: 3 Cloud Music Launches Near, WMG Bids, Nguyen Exits Apple, MySpace Sale & More
- URL: https://www.hypebot.com/news-4-2/
- Published: 2011-02-25T06:00:00.000Z
- Updated: 2011-02-25T06:00:00.000Z
- Description: Music's race to the cloud is heating says the Financial Times. Google hoped to launch a download store next month, but has not completed the deals; and wants to add. Continue reading [https://www.hypebot.com/hypebot/2011/02/news-4-2.html]
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 10:59

- **Music's race to the cloud** is heating says the [Financial Times](http://www.ft.com/cms/s/0/14a64aba-404b-11e0-9140-00144feabdc0.html?ref=hypebot.com#axzz1Ez79RvEe). **Google** hoped to launch a download store next month, but has not completed the deals; and wants to add cloud music locker if labels give consent. **Apple** is planning a summer launch limited to cloud backup of tracks bought on iTunes. Meanwhile, **Spotify** is close, but no one knows how close. *Sadly, none of this is game changing.*
- Yesterday was the **deadline to submit bids to purchase the Warner Music Group**. No word on who stepped up, but **rumors** range from BMG to Russian billionaires; and there's buzz that Bronfman & Co are pushing sale of **publishing** harder than the record division.

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More News

:

- **Lala** Founder **Bill Nguyen, No Longer At Apple**, Working On Next Project ([SAI](http://www.businessinsider.com/lala-founder-bill-nguyen-no-longer-at-apple-working-on-next-project-2011-2?ref=hypebot.com))
- News Corp begins process of **selling MySpace**. ([Reuters](http://www.huffingtonpost.com/2011/02/25/news-corp-kicks-off-sale-myspace%5Fn%5F828054.html?ref=hypebot.com))
- **Musician Sues Summit Entertainment** For Taking Down His Song In Twilight Dispute. ([Techdirt](http://www.techdirt.com/articles/20110218/23492613173/musician-sues-summit-entertainment-taking-down-his-song-twilight-dispute.shtml?ref=hypebot.com))
- Music services express **frustration at Apple**'s subscription power play. ([Evolver.fm](http://evolver.fm/2011/02/24/music-services-express-frustration-at-apples-subscription-power-play/?ref=hypebot.com)) *I'm betting this get worked out. Not because Steve Jobs cares, but because consumers and rightsholders do.*
- Smoke on the Water, Part 1: **Accounting for The Cloud**. ([MusicTechPolicy](http://musictechpolicy.wordpress.com/2011/02/20/smoke-on-the-water-part-1-accounting-for-the-cloud/?ref=hypebot.com))
- **Singles** Might Save the Music Industry. ([WSJ](http://online.wsj.com/article/SB10001424052748703408604576164350046389450.html?mod=googlenews%5Fwsj&ref=hypebot.com))
- New music service takes up the **Spotify gauntlet**. ([Local](http://www.thelocal.se/32246/20110224/?ref=hypebot.com)) and **WiMP** – Scandinavia's new Spotify competitor opens for all in Sweden ([press release](http://www.earthtimes.org/articles/press/service-opens-all-sweden,1670036.html?ref=hypebot.com))