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Thursday’s Music 2.0 Briefing: Online Owes $100M, HypeMachine Worth $10M & Much More

HYPEBOT FEATURES: Are Indie Artists & Labels Being Shut Out Of Music 2.0 By The Majors? eMusic has launched in Canada > Online music services could have to pay songwriters. Continue reading [https://www.hypebot.com/hypebot/2008/05/thursdays-music-8.html]

HYPEBOT FEATURES:

> Online music services could have to pay songwriters as much as $100 million in royalties according to a court ruling. (Reuters)

> Rumors have Viacom trying to buy music blog aggregator Hype Machine for $10M. (ValleyWag) Rupert, I’m over here!

> Radiohead says the pay what you want album release experiment was a one off. (Reuters)

> Virgin Mobile has teamed with Burger King for a $1 ringtone promotion.

> An ad hoc group called Project Unfound Artist is using crowd sourcing to find artists with unclaimed royalties sitting with SoundExchange. (P2Pnet)

> A judge has rejected the "because its available to share, it must be illegal" theory that the RIAA has been using to sue thousands. (News.com)