Sold Out: Trent Reznor is brilliant. He quietly released his new instrumental album and The ultra-deluxe edition is already sold out which is priced at $300. Trent has fans and they will buy whatever he releases, even if it’s noise. Gotta love it!

Bertelsmann in talks with at least two parties over Sony BMG stake: Bertelsmann AG’s chief financial officer Thomas Rabe met with at least two private equity companies to discuss the possible sale of its 50 pct stake in Sony BMG. Read the full story in the Financial Times.

Survey – Most British filesharers would stop if warned: Seven out of 10 British file-sharers say they would stop infringing if they received a termination warning from their ISP according to a recent survey. Seventy percent of respondents agreed that if they received a warning from the ISP, they would stop sharing online. 66 percent said they would stop if there was a stronger chance of them being caught.

War on Piracy: Check out this article that involves Baidu and China’s non existent music industry. Baidu search engine is being asked to remove all links to thousands of websites that provide pirated copies of songs that are owned by the major record labels

Pearlman pays the price: Lou Pearlman, the snake-oil salesman who launched the Backstreet Boys and ‘N Sync, has plead guilty and will make restitution to victims swindled out of an estimated $300 million in phony bank and investment schemes. Pearlman should have listened to the old proverb – ‘we reap what we sow’.

Warner signs 7digital MP3 deal in Europe: Warner Music has signed a deal with digital media site 7digital.com to provide its catalogue in the MP3 format, which can be played on nearly all music devices.

Artist Updates: Listen to the track Be Still and Breathe by Tooth and Nail act Ivory Line. It’s #1 on the Christian Rock Radio Chart. Los Angeles KROQ has added Beautiful by 10 Years, it’s big news for a new rock band.