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)