In its first press release since February, online music retailer eMusic announced on Monday that it had inked a deal with giant record label Sony Music Entertainment. eMusic, which offers music downloads by subscription (starting at 24 per month for $11.99), will have access to Sony’s immense music catalog — but only tunes that are […]

Business news source Bloomberg reports that, according to sources “with knowledge of the discussions,” streaming video powerhouse Hulu.com, is in talks with record labels to offer music videos on the site. Major music companies Universal Music Group, Warner Music Group, Sony Music Entertainment and EMI Group are rumored to be in discussion with the video […]

MySpace is working on a digital music store, striking a deal with three of the big four music companies to start a music Web site. The New York Times reports that MySpace will spin out its MySpace Music service as an independent joint venture, in partnership with Universal Music, Sony BMG and Warner Music Group. […]

BusinessWeek’s Stephen Wildstrom is asking “Can Doug Merrill Save Music?” Merrill is leaving a cushy CIO job at Google to be the President of Digital Business at EMI, one of the biggest music companies in the world. BusinessWeek wonders: Could the surprising departure of Google Chief Information Officer Douglas Merrill be the salvation of the […]