Via Rolling Stone/Allindstrom Universal Music Group has reportedly offered to sell most of EMI’s Parlophone label in an effort to gain regulatory approval from the European Union for its expected $1.9 billion buyout of EMI, according to the Financial Times. Vivendi, which owns UMG, is looking to sell Parlaphone, EMI’s most valuable label, while keeping its…

Via LA Times/Allindstrom Members of the Black Eyed Peas have filed a federal lawsuit against their former business manager, accusing him of “fraud and deceit” that cost them more than $3.2 million. The heart of the suit against Sherman Oaks financial advisor Sean M. Larkin, whose relationship with the Peas dates back to their early…

Electronic Dance Music (EDM), and to a lesser extent Hip Hop, are much better poised to thrive in the new music industry than traditional bands (live guitarists, drummers, vocalists, etc). Lefsetz has been talking about this phenomenon for a while but it’s only been recently that the truth of his claims have become apparent. Traditional…

The major labels may have killed the licensed startup, but there’s still plenty of other music-related opportunity to be had. Which might explain a spate of July mega-rounds from the likes of the Echo Nest, Sonos, Ticketfly, and Roku, all of which has happened in the past two weeks. Indeed, the Roku and Ticketfly rounds…

The FBI can’t raid this problem, you can hardly track it! In fact, most music fans would hardly call it piracy, yet offline sharing actually eclipses online sharing when it comes to the acquisition of music.   The slide comes from an RIAA presentation leaked to Torrentfreak, with researcher NPD Group breaking out the categories….

Young Buck manages to get his, “615,” chain back from the IRS auction of his property.