Friday's Music 2.0 Briefing: From Majors To Minor, FCC Approves Clear Channel, EMI Exits IFPI & More
> The Music Industry: From Major To Minor. "Last year was terrible for the recorded-music majors. The next few years are likely to be even worse." (The Economist)
> Investors and analysts are uneasy as the US Department Of Justice probes the proposed XM-Sirius merger. (ars)
> Reports have the FCC officially approving the sale of Clear Channel to Bain Capital and Thomas H. Lee Partners,
> EMI is expect to leave the international trade group IFPI. (Variety) Reports have EMI cutting funds to the RIAA soon as well.
> SonyBMG has dropped DRM giving catalog to Amazon first. (Hypebot)