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Apple Reports All-Time Highs for Earnings, Revenue

Cupertino, Calif. - Buoyed by the near-doubling of its iPhone sales from a year ago, Apple (NASD:  AAPL) on Monday reported record revenue and a...

Choruss Music Project Shelved; Audiogalaxy Relaunched

Los Angeles - Choruss, a legal file-sharing network being developed by former Warner Music executive Jim Griffin, has been shelved after failing to obtain all the...

Report: Music Service SoundCloud Raising 'Significant' Round

Berlin - SoundCloud, the provider of a music streaming and sharing service, is in the process of raising a "significant" new round of funding, and talking...

Live Nation Names John Malone as Interim Chairman

Los Angeles - Concert promotion giant Live Nation (NYSE: LYV) on Friday announced that its board has named Liberty Media chairman John Malone as interim chairman of...

Funny or Die Pilot for "Undercover Karaoke" Ordered by TBS

Los Angeles - Comedy website and production firm Funny or Die said this week that a TV pilot based on its Web series "Undercover Karaoke" has...

Virgin Media, Spotify in Talks on Subscription Music Service

London - Virgin Media is in talks with European streaming music service Spotify on launching a subscription-based music service, after Virgin was unable to secure necessary...

Report: Anti-Piracy Firm DtecNet Acquired by Mark Monitor

San Francisco - DtecNet, a Denmark-based provider of anti-piracy monitoring services for the entertainment industry, has been acquired by San Francisco-based brand abuse prevention firm Mark...

New Katy Perry Single to Debut in Bing-Sponsored Mobile Game

Los Angeles - A new single from Katy Perry will debut within a branded version of the popular mobile music game, "Tap Tap Revenge," Billboard reports....

Prosecutors Ask for Jail Time, More Damages in Pirate Bay Appeal

Stockholm, Sweden - Prosecutors have told a Swedish appellate court that the four operators of file-sharing hub The Pirate Bay, who were convicted last year of...

Search Marketer Atrinsic Buys Assets of Kazaa Music Service

New York - Atrinsic, an Internet search marketer and provider of direct-to-consumer subscription products, announced on Thursday that it will acquire the assets of file-sharing service...