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Digital-Only Haiti Benefit Album to Debut at #1

Los Angeles - The digital-only benefit album featuring live performances from last Friday's "Hope For Haiti Now" telethon will be the top-selling album this week, boasting sales...

Apple Unveils "iPad" Touch-screen Tablet Computer

San Francisco - Apple (NASD:  AAPL) on Wednesday unveiled its long-anticipated tablet computer, the "iPad," at a media event in San Francisco. The device, which will cost...

PRS for Music Inks Pan-European Licensing Deal with iTunes

London - U.K. collecting society PRS for Music, which represents 65,000 songwriters and music publishers, has signed a pan-European licensing agreement with Apple's (NASD: AAPL) iTunes Store. The...

SCOTUS Declines Sony Appeal; Launch Not "Interactive Service"

Washington - The U.S. Supreme Court on Monday declined to hear an appeal from major record label Sony (NYSE:  SNE) BMG, letting stand a lower court's...

Labels Lose $9 Million Suit Against Baidu Over MP3 "Deep Links"

Beijing - A Chinese court has ruled that search engine Baidu (NASD: BIDU) is not infringing the copyrights of major record labels by providing "deep links" to unauthorized...

Vodafone Claims 450,000 European Music Service Subscribers

London - European mobile network operator Vodafone (NASD: VOD) has attracted nearly 450,000 customers to its music subscription services, including 100,000 in December alone, and now claims...

Apple Profits Up 50% in Q1; iPhone Sales Near 9 Million

Cupertino, Calif. - Apple (NASD:  AAPL) sold nearly 9 million iPhones during its fiscal first quarter ended Dec. 26, while iPod sales fell 8% to 21 million...

Liberty Media Looks to Boost Live Nation Stake to 34.9%

Englewood, Colo. - Liberty Media (NASD: LINTA), the media conglomerate controlled by John Malone, whose holdings include Starz, Overture Films and QVC, on Tuesday announced its intention to...

MySpace, SoundExchange Team to Source Unpaid Artists

Cannes, France - News Corp.'s (NYSE: NWS) MySpace social network has partnered with royalty collection and distribution agency SoundExchange to search for artists who may be owed...

Shazam ID Service Driving 300,000 Song Purchases Daily

Cannes, France - Mobile music discovery service Shazam is generating 300,000 track purchases each day from users of the service, CEO Andrew Fisher said at the...