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UK based creator of mobile entertainment applications reverses into

UK based creator of mobile entertainment applications reverses into public firm Cyberfund. ROK has already raised USD $40m
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Yahoo buys online ad company for USD $680m in move to compete with

Yahoo buys online ad company for USD $680m in move to compete with Google
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USD $5 Million. Web-based digital royalty processing and reporting

USD $5 Million. Web-based digital royalty processing and reporting service raises second round of venture capital financing
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Clear Channel has introduced localized social networking sites for

Clear Channel has introduced localized social networking sites for seven of its radio stations websites
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Operator serving 1.6 million users in rural America to offer Napster

Operator serving 1.6 million users in rural America to offer Napster Mobile service
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Licensing agreement between European royalty collecting societies to

Licensing agreement between European royalty collecting societies to secure one deal for multiple territories
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BPI analysis of the top-selling 3,000 albums shows that UK artists

BPI analysis of the top-selling 3,000 albums shows that UK artists now account for almost one in twelve albums sold in the US, and represent 34% of all global music sales.
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Music sharing network Grooveshark signs licensing agreement with V2

Music sharing network Grooveshark signs licensing agreement with V2 Music Group
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Warner to use Snocap service to offer its artists songs for sale

Warner to use Snocap service to offer its artists songs for sale through MySpace
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Peter Gabriel backing new download service giving users free songs

Peter Gabriel backing new download service giving users free songs that tagged with 10 second adverts
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Sales of music CDs and DVDs in Canada fell by 35% to CAD$68.7m in the

Sales of music CDs and DVDs in Canada fell by 35% to CAD$68.7m in the first quarter of 2007, from CAD$105.6m in the same period in 2006. According to the report, this was the most drastic decline in physical music sales of...
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Sony is to launch a new video sharing service called

Sony is to launch a new video sharing service called Eyevio