New Myspace Partner? MySpace is about to launch a new music service and is said to be partnering with Amazon to handle all music ecommerce transactions. Sources also say Apple and Rhapsody are also bidding for the business but a Finale decision hasn’t been made.

Buzzing: Kasper The K an unknown and unsigned Kentucky rapper is buzzing in the hip hop community. The track Whatchagondo which samples Obsession by the 80’s new wave act Animotion is finding its way on several top 40 radio stations. Kasper from the K was also chosen for the soundtrack on the newly released “MX vs. ATV Untamed” for the XBOX360, alongside Nickelback, The Used, and My Chemical Romance. He also has “fan-made” dance videos on YouTube totaling 500,000+ views.

New Music: Copper an unsigned Knoxville band have put up two new tracks on their myspace titled Overrated and Call To Action. Their track Broken Sky can be heard on multiple active rock stations.

Rolling Stones Signs With Universal: Rolling Stones left to EMI to sign a deal with Universal. The band has signed a long term global deal and the new recordings will be released under UMG’s Polydor label. The Rolling Stones were the top-earning music act last year, according to a list compiled by Forbes.com. There is no question that the Rolling Stones are one of the most important bands in music history,” Universal Music Chief Executive Officer Doug Morris said in the statement.

Yahoo! Music Store is Dead: As of September 30th the Yahoo Music Store will be officially closed. Read this about backing up your music files.

Recommended Show: This World Fair at The Viper Room @ 9PM (7/25/08)

The Vinyl Boom: The Oregonian has an article titled ‘Will oil prices sink the vinyl record boom?‘ that discusses the possible price increase of vinyl due to higher petroleum prices.