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AM News: MySpace Deal Details, WMG Sale, Virgin + Spotify, Facebook Event, Sony Hack, SongPier, More

HypebotFavicon Specific Media’s MySpace Deal: The goal is transforming their ad network into a media company. (paidContentTo 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.

MORE:

  • 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)


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