Monterey Peninsula Artists and Little Big Man will merge into one company called Paradigm Talent Agency.

Universal Music has purchased Sanctuary Music Group for £44.5 million ($90.7 million)

Universal Music puts Zomba on the block potentially worth in excess of $150 million. Sources expect initial bids will start coming in by Labor Day with a deal hoped to be in place by Thanksgiving. (NY POST)

Check out the new track Rise Today from former Creed members Alter Bridge.