iPhone Flaw Lets Hackers Take Over, Security Firm Says…..
A team of computer security consultants say they have found a flaw in Apple’s wildly popular iPhone that allows them to take control of the device.

Lloyd Weber, the next Simon Cowell?
Lloyd Weber has signed with WMA, taking his first Hollywood agent ever because he wants to make a network deal for an American reality show that he’ll topline, searching for a young unknown to star in one of his stage musical productions. Weber has two hit reality shows in the UK. (Variety)

Terra Firma Makes Final Bid for EMI. The offer has been extended for a fourth and final time, until July 29.(WSJ)

Kansas City female fronted indie act Vedera has signed with Epic Records.

Check out the New York Times article on Prince “The Once and Future Prince”

According to sources singer/songwriter Universal Republic artist Colbie Caillat will have a strong opening week that could top 50k. Colbie is the daugher of Fleetwood Mac producer Ken Caillat.