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IFPI Sues to Force Finnish ISP Elisa to Block The Pirate...

Helsinki, Finland - An Internet service provider in Finland has been sued by music industry entities, which are asking a court to compel the...

Pandora Posts Financial, Subscriber Details Ahead of IPO

San Francisco - Streaming music service Pandora, which has filed to raise $100 million in an initial public offering (IPO), posted a net loss...

Report: Google Offered Labels $100 Million for Cloud Licensing

Los Angeles - Amid more than a year of negotiations, Google (NASD: GOOG) offered to pay more than $100 million up front to the major...

Senate Cmte. Approves PRO IP Act; Sen. Wyden Places 'Hold'

Washington - The U.S. Senate Judiciary Committee yesterday approved the PRO IP Act, a bill that would empower authorities to seek court orders to...

Hedgefund Star: Microsoft's Ballmer Needs To Go

New York - Influential hedge fund manager David Einhorn calls for Microsoft Corp CEO Steve Ballmer to step down, saying the software...

Forbes: Facebook to Integrate Spotify Music Service

Palo Alto, Calif. - Facebook has partnered with European streaming music service Spotify on a new music service for the social network, Forbes reported,...

Report: Mobile Music Listening on the Rise; Few Willing to Pay

Port Washington, N.Y. - Increasing adoption of smartphones by consumers, paired with growing options for mobile music consumption, has helped fuel an increase in...

Hackers Attack Sony Music Japan, Sony Ericsson Sites

Los Angeles - Following hacker attacks last month on its PlayStation Network and other services, and another attack this week on a Sony Music...

Sony: Security Breach at Greek Music Site Exposed Consumer Data

Tokyo - Sony (NYSE: SNE) said on Tuesday that it has discovered a security breach at its music entertainment site in Greece, which may have...

Music Mastermind Gets $10.8 Million for Online Creation Platform

Calabasas, Calif. - Music Mastermind, the developer of an online music creation platform, has raised $10.8 million in its second round of venture capital...