- Best Buy is closing 50 full stores as part of an efforts to cut $800 million in costs. The reatiler is also opening 100 smaller mobile only locations.
- Interview: Rdio Prepares To Take On Spotify, Deezer Et Al In Europe. (paidContent UK)
- In part to help finance the Sony purchase of EMI publishing, GSO Capital Partners, the credit investment arm of Blackstone Group, has raised $4 billion for a fund focused on middle-market companies. (Bloomberg)
MORE:
- Country Weekly and MusicCityNetworks Team Up to Launch Webstore Offering Merchandise From Leading Country Music Artists
- SoundExchange & A2IM Sued For Antitrust Violations By Sirius. Opinion form techdirt)
