Traffic on Spotify is soaring, up 30% in the last month to more than 10 million average monthly users, according to AppData.
- Standard & Poor's Ratings Service announced it has downgraded its rating outlook for Clear Channel and parent company CC Media Holdings Inc. from positive to negative.
- Facebook Timeline is now available to all users.
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- Deezer, who is launching its music streaming service in 200 countries in the next 6 months, has released an iPhone app that offers full access to 13 million track plus offline listening.
- Believe Digital has announced major new global distribution deals with two UK independent labels Revolver Records and reggae specialists Fashion Records.
- ShareMyPlaylists is now live in the Spotify App platform.
- Stunning News: Music Industry Acts Rationally. Peter Kafka on the Madonna Interscope deal.
- Last.fm launches music discovery tool. (O Music)
- OurStage.com Airs Original Web Series Finale The OurStage Panel – featuring Musical Performance by American Music Awards "New Artist of the Year" Hot Chelle Rae and Special Guest Panelist, 5-Time GRAMMY Award-Winning Producer, Steve Lillywhite
