Wednesday’s Music 2.0 Briefing: BMG Sale Talks, Facebook Music Critical Looks At Edgar & Steve Plus Much More

> Bertelsmann is exploring a sale of its share of Sony BMG. (Forbes)

> Facebook is contacting labels and exploring a music service to compete with the rumored MySpace Music.  (Billboard.biz) Both are purported to be ad supported streams rather than downloads.

> eMusic  is helping labels profit from older catalog titles. (ars)

> The New York Times takes a critical look at Edgar Bronfman Jr and the decisions to buy and then not sell the Warner Music Group to EMI.

> SK Telecom will enter the Chinese market with a 42% purchase of local music label Tahei. (Korea Times)

> Fortune: The Trouble With Steve Jobs and his risky fight to stay on top.

> Another one bites the dust: MVD Entertainment Group and Big Daddy are merging their distribution companies. (Billboard)

> Passalong Networks adds Wind-Up to is mp3 download offerings. (top40-charts)