Sony Ericsson Hums New Tune

(NEWSER) - Apple has joined forces with four major record labels on a mission to get music buyers to start buying albums again instead of just single tracks, the Financial Times reports. The project—codenamed "Cocktail"—will bundle album downloads with lyrics sheets, sleeve notes, photos, and assorted interactive features in an effort to lure consumers into buying the whole package. More»

Contract negotiations between firms stall

(NEWSER) - Warner Music ordered YouTube to remove all music videos by Warner artists today after talks to renew their licensing deal stalled, Reuters reports. The impasse could affect hundreds of thousands of video clips. The music group, home to artists such as Madonna and the Red Hot Chili Peppers, is demanding a larger cut of revenues, though no details were made public. More»

Music biz turmoil as CDs plummet

(NEWSER) - CDs continue to go the way of the 8-track, losing further ground to digital music. Another big drop in CD sales is being driven by the closure of Virgin stores and reduced shelf space at outlets like Target. CD sales are off 16% over the last 12 months and total album sales have dropped 11%, Variety reports. More»

Social networking site turns to recording labels in effort to broaden appeal

(NEWSER) - MySpace has spent the past few weeks approaching major record labels, trying to hammer out a deal for a new online music service, the Wall Street Journal reports. The deal—tentatively MySpace Music—would likely let users stream unlimited music for free, and buy downloads that could be played on mp3 players, the Wall Street Journal reports. More»

Startup promised free, legal, iPod-compatible downloads rom all the major labels

(NEWSER) - Startup Qtrax has been promising free, legal music downloads from all the major labels via an ad-supported site that was supposed to launch this morning. Too good to be true? Maybe. On the eve of its debut, things started to unravel, with Warner, Universal and EMI all denying agreements with the startup, reports CNET. More»