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CEO: Vevo made $150 million in revenue last year (AP)
AP - Vevo, the online music video service launched by Universal Music Group and Sony Music Entertainment in late 2009, pulled in $150 million in revenue last year, chief executive Rio Caraeff revealed on Tuesday.
Publ.Date : Wed, 01 Feb 2012 02:11:26 GMT

Ukraine shutters top file-sharing site (Digital Trends)
Digital Trends - In the wake of the takedown of file-sharing site MegaUpload (and the ripple effect to sites like FileSonic and Uploaded.to), another popular file-sharing site has gone dark. Ukrainian police today shut down the country’s most popular file sharing site, Ex.ua, on grounds that it was illegally distributing copyrighted material, including music, videos, and movies.
Publ.Date : Tue, 31 Jan 2012 23:25:18 GMT

Bronfman: UMG, Sony purchase of EMI 'dangerous' (AP)
AP - Outgoing Warner Music chairman Edgar Bronfman Jr. says the proposed purchase of British recording company EMI by recording rivals Universal Music Group and Sony/ATV is "dangerous" and must be stopped by regulators.
Publ.Date : Tue, 31 Jan 2012 23:11:41 GMT

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