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MySpace is Trying to Acquire Imeem

myspace_music_logoOnline social hub MySpace is in talks to acquire struggling free music streaming site imeem, two people familiar with the matter said Tuesday.

The people spoke on condition of anonymity because talks are confidential.

An announcement could be weeks away, and terms are still being negotiated, but MySpace is trying to revamp itself and its MySpace Music joint venture with the major recording companies.

An acquisition could bolster the unit of News Corp. by adding imeem’s approximately 4.5 million users, its technology and its executives, including founder and CEO Dalton Caldwell.

Helio Launches Mobile Music Service

Helio Launches Mobile Music Service

The youth-oriented mobile phone operator Helio, run by Earthlink founder Sky Dayton, has launched Helio Music, a new music download service which lets Helio users buy tunes from major labels using their mobile phones for $1.99 each. But that’s not all: Helio promises its catalot and interface will put other over-the-air music download services to shame, and, soon, users will be able to buy tunes via Helio for just $.99 apiece using their PCs.

New Music Downloads Service By PassAlong

PassAlong Networks(TM), a new company launching today, announced the debut of its digital music download service and sharing network, marked by the company’s launch of the first digital music storeon eBay to feature music catalogs from the major labels. Simultaneously, PassAlong Networks launched its own digital music store at http://www.passalong.com/. On both sites, consumers can choose from more than 200,000 songs from major labels. By the end of the month, both sites will include the complete digitalcatalogs from Warner Music Group, Sony BMG, Universal Music Group and EMI, for a total of over 500,000 titles.

Exclusive artist promotions will also be featured at both sites, beginning with a current promotion featuring RCA Recording artist Avril Lavigne. Fans can bid on one of two eBay auctions sponsored by PassAlong with the winning bidders receiving a 15-minute phone call from Lavigne and a digital download of her latest album, Under My Skin. The auctions will end on September 30. At Lavigne’s request, proceeds from both auctions will go to War Child, http://www.warchild.com/, a network of independent organizations working across the world to help children affected by war.

Makers of Kazaa suing record labels

Turning the tables on record labels, makers of the most popular Internet song-swapping network are suing entertainment companies for copyright infringement.

Sharman Networks Ltd., the company behind the Kazaa file-sharing software, filed a federal lawsuit Monday accusing the entertainment companies of using unauthorized versions of its software in their efforts to root out users. Entertainment companies have offered bogus versions of copyright works and sent online warning messages to users.

Sharman said the companies used Kazaa Lite, an ad-less replica of its software, to get onto the network. The lawsuit also claims efforts to combat piracy on Kazaa violated terms for using the network.

iTunes music store hits 5 million downloads

 In addition, over 46 percent of the songs have been purchased as albums, and over 80 percent of the over 200,000 songs available on the online store have been purchased at least once. Applealso announced that it will ship its one millionth iPodâ„¢ this week. Apple introduced the third generation of its ultra-portable digital music player in April, and it has become a huge hit with musiclovers worldwide.

“The iTunes Music Store is changing the way people buy music,” said Steve Jobs, Apple’s CEO. “Selling five million songs in the first eight weeks has far surpassed our expectations, and clearly illustrates that many customers are hungry for a legal way to acquire their music online.”

iTunes music store sells over 1 million

Over half of the songs were purchased as albums, dispelling concerns that selling music on a per-track basis will destroy album sales. In addition, over half of the 200,000 songs offered on theiTunes Music Store were purchased at least once, demonstrating the breadth of musical tastes served by Apple’s groundbreaking online store. Apple also reported that over one million copies of iTunes4 have been downloaded, and that it has received orders for over 110,000 new third-generation iPods since their introduction a week ago, with music lovers snapping up more than 20,000 of them fromstores in the U.S. this weekend.

“In less than one week we’ve broken every record and become the largest online music company in the world,” said Steve Jobs, Apple’s CEO. “Apple has created the first complete solution for the digital music age—you can purchase your favorite music online at the iTunes Music Store, mix your favorite tracks into playlists with iTunes, and take your entire music collection with you everywhere with the super-slim new iPods.”

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