Warner Music Group has a hole where Michael Buble “Christmas” CD sales used to exist. The company’s recent acquisition of Parlophone and other EMI assets will help fill that void and them some. Warner revenue dropped 1% to $769 million in the quarter and its net loss grew to $80 million in the quarter ended…

Ocean Way Recording, one of L.A.’s busiest and most historic high-end studios, has been sold by longtime owner/operator Alan Sides to Hudson Pacific Properties, whose holdings include the adjacent Sunset Gower and Sunset Bronson Studios in Hollywood. According to the announcement, the recording studios will remain untouched, with staff retained, although the lounges and common spaces will undergo “significant upgrades.” Said HPP…

Facebook is testing a “buy tickets” button that takes consumers to a third-party site to purchase tickets. The button has been spotted on Facebook pages for events in Europe that are ticketed by Ticketmaster and Eventim, Europe’s largest ticketing company. The appearance of the ticket button was reported Tuesday by the blogAllFacebook. The Next Web…

Beats Electronics, the maker of high-end headphones, will launch its own on-demand music streaming service this summer, Jimmy Iovine, the chairman of Interscope Geffen A&M and Beats’ co-founder, announced Tuesday at the AllThingsD Dive Into Media conference. Iovine said the service, which will be called Beats, will rely heavily on hand-curated lists to differentiate itself…

Dr. Dre and Beats Electronics have filed a lawsuit against Yamaha claiming that they directly copied the Beats By Dr. Dre headphone design. The suit states, “Consumers appreciated the design, as well as the sound quality, of Beats and began wearing the Beats headphones around their necks as a fashion accessory even when not listening to music. In fact, the design…