The Cult has signed to New Wilderness the imprint that goes through RoadRunner.

Music Networking site Last.fm was acquired by CBS. Billboard is reporting that the purchase price is rumored to be $280 million. Last.FM claims they have millions of users.

Sounds Under Radio recent performance at the mercury lounge attracted peeps from Columbia Records, Epic Records, Warner Bros, Atlantic, Universal/Republic, American, Capitol Music Group, Hollywood Records, among numerous others…

iTunes is now offering unprotected AAC files for EMI artist downloads

Check out the new social networking site Trig. Insiders are claiming Trig could be the NEW myspace without the spam. In fact, Spam is absolutely killing myspace. Also, the internet spam king has been arrested and will be facing 65 years behind bars. It looks like US prosecutors are committed to finding these spammers and throwing them in jail where they belong.

EMI strikes deal with YouTube…..Â

EMI Music has announced a major new deal with YouTube and Google, allowing viewers complete access to videos from EMI artists. Eric Nicoli, CEO of EMI Group, added, “Working with YouTube under this agreement meets EMI’s objectives to offer consumers the best possible entertainment experiences, to create new ways to connect our artists to
fans and to enter into innovative business models that will generate revenues for our business and our creators

Don’t you love corporate press releases? I mean, these guys are the MASTERS of the OBVIOUS……..