Monday’s Music 2.0 Briefing: Universal & MySpace, We7 Grabs Sony, Beatles To iTunes & More

The action shifts sifts to Austin, Texas and SXSW this week. Hypebot will have full coverage with several people on the ground.

> MySpace may finally be ready to settle with Universal. (SVI) Motivation comes from a desire to launch a new music service and they need the world’s largest label group along for the ride.

>  Sony BMG will make its music available via streaming on ad supported WE7. (more) Since its streaming only like imeem and others this is nice, but no breakthrough.

> Qtrax has added the Beggars Group labels to is services. (Listening Post) Still no majors.

> Advertising Age takes an interesting look at indie bands out shopping for sponsorships.

> Music supervisors are on the prowl for new material at SxSW. (WSJ)

> The UK tabloids are reporting that The Beatles catalog will finally be available on iTunes within a few month. We’ve heard this story before but this time it appears real.

> CBS and AOL have combined their online radio networks. (Eye)

> One casualty of the CBS AOL deal is XM, who will stop contributing their content to AOL and bring their online streams back home to XMRadio.com. (FMQB)

> For a roundup of last week’s top industry stories be sure to read Hypebot’s Music 2.0 Week In Review.