Turntable finally shared some details about the $7 million funding it recently received, listing an eclectic selection of venture capital investors and entertainment names. It also opened its beta to everyone in the U.S., dropping the invitation-only requirement, and launched a new iPhone app that lets members interact with Turntable away from their computers.

The reinvented iHeartRadio is now available in beta, open only to those who have “liked” its parent Clear Channel Radio on Facebook. The free service combines more than 800 live, professional radio stations with stations that are custom created on the fly to suit each listener. Pandora, Spotify and other custom music should keep on their toes.

As if BlackBerry didn't have enough to deal with at the moment, Dolby Laboratories announced that Research in Motion agreed to license Dolby’s advanced audio technologies and to pay patent royalties, resulting in the dismissal of two lawsuits recently filed by Dolby against RIM. Financial terms were not disclosed, but Dolby has informed analysts it expected $15 million in back royalties – plus interest – from RIM in the fiscal fourth quarter.

Lady Goo Goo has escaped Monstro City to take on the challenge of becoming a music superstar. That odd statement makes perfect sense to the over 50 million registered users of Moshi Monsters, the kid-safe virtual world from Mind Candy, and it means that the brand is expanding its characters by launching a recording label. And of course there's a video.

Licensing and royalty service provider RightsFlow has partnered with the National Association for Music Education, the companies announced Wednesday. Under terms of the agreement, RightsFlow’s online mechanical licensing utility, Limelight, will now be offered for NAfME educator and student members’ use in clearing cover songs for physical, digital, ringtone and interactive streaming usage.

Clear Channel Radio signed an agreement The Echo Nest to incorporate the music intelligence platform’s technology into its revamped iHeartRadio product, enabling users to build and listen to their own custom radio stations.

Kia Motors America now offers cars equipped with digital HD Radio, the AM/FM/data broadcasting technology from iBiquity Digital Corp. It is now reaching showrooms in 2012 model year Optima, Sorento and Sportage vehicles, and it will become available in the Kia Soul later this year with others to follow.

Two new open source projects build on streaming music service Grooveshark, making it possible to download instead of just listen to high-quality MP3 files. Groovejaar and Groove Shredder bypass the DMCA restrictions Grooveshark employs.

Penté Group announced an exclusive artist website and mobile partnership with global star producer, musician and DJ Tiësto to create and develop mobile and social applications. The agreement also includes having Penté Group create and maintain the musician’s official online presence, Tiesto.com and the paid membership fan club site InTheBooth.com.