AM News: MySpace Deal Details, WMG Sale, Virgin + Spotify, Facebook Event, Sony Hack, SongPier, More
Specific Media’s MySpace Deal: The goal is transforming their ad network into a media company. (paidContent) To believe this will work is to believe that MySpace is - or can become - a media company.
- WMG stockholders officially approved its sale.
- As expected, Virgin Media partnered with Spotify to offer music streaming online, on mobiles and on TV. (Marketing Week UK)
- Facebook is announcing "something awesome" today. Rumors suggest Skype-powered video chat. We'll tweet (follow @hypebot) and post details.
- There Will Be No More Private Google Profiles After July 31 (SAI)
- Sony suspects pranksters hit Irish website (Reuters)
- Reuters news service has dropped Billboard and the Hollywood Reporter as its primary source of music and entertainment news in favor of The Wrap.
- The Orchard, SongPier Ink Deal to Turn Songs into Apps (Evolver.fm)
- Verizon is dropping unlimited data plans this week. (NY Times) While I've seen stats to the contrary, this can't be good news for mobile music and video streaming.
- Twitter Seeks $7 Billion Valuation (WSJ) That's double what it was 6 months ago...
- Digital sheet music service ZMX Music adds Josh Kelley, Tegan and Sara, and Julian Drive to roster.
- Marc Mannino has been appointed Director of Music Synchronization for Imagem Creative Services USA.
- Dear Musicians: Once Again, Politicians Can Probably Play Your Songs At Events Without Your Permission (Techdirt)