AM NEWS BRIEF: RIAA At It Again, BMG Buys Bug, X5 Grabs Sun Records, EMI, Bylin, Cull.tv & More
The RIAA is blasting Google (again) for not doing enough to protect copyrights. (RIAA) This from an organization who is trying to punish bloggers who are giving away music that UMG is already offering for free (Techdirt)
- BMG Rights Management is the winning bidder for Bug Music. The deal is expected to close in October.
- In it's first major acquisition since Scott "Bullethead" Ambrose Reilly arrived from Amazon to head ITS U.S. operation, X5 has grabbed the digital rights to the legendary Sun Records catalog and will be applying their digital re-release magic starting next month.
- Some bidders are expressing concern over the slow pace of Citigroup's sale of EMI. Ten bidders are believed to be in the running and must submit second-round bids by the end of the month. (This Is Money)
- Former Hypebot editor Kyle Bylin has published another insightful essay "The Rise of Capture Culture: How Apps Are Revolutionizing Music Collecting". (Billboard) He's also launched his own independent blog for music essays Musicology.fm.
- Ryan Seacrest is reportedly in late stage talk to buy VH1 Soul. (IndieWire)
- Cull.tv launches offers new music discovery via music videos. (TNW)
- Bandcamp adds bio, photo and links in the artist sidebar and CashMusic is continuing it's weekly release of upgrades.
- Bob Segar is finally adding his catlog to iTunes and is giving away 6 free tracks to celebrate.
- Spotify And Ford Hack Together A Way To Stream Music To Your Car (BI)