Even though iPad sales stumbled in the third quarter, Apple Inc.’s iTunes store continued to rock on, according to the company latest earnings report released Tuesday. The iTunes store “generated record billings of $4.3 billion in the June quarter, culminating in our best month and best week ever for App store billings at the very…

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A woman claims King Louie, real name Louis Johnson, set her up after footage was released of an altercation at his home. The accuser, Jazmine Berry, has alleged that King L set up a fight between her and another woman, Jospehine Conley, so that he could record it with the purpose of promoting his work…

The White House today announced that several advertising networks had “committed to a set of best practices to address online infringements by reducing the flow of ad revenue to operators of sites engaged in significant piracy and counterfeiting.” Below is the reaction of Cary Sherman, RIAA Chairman and CEO: “We appreciate the ongoing efforts of…

Def Jam co-founder, music mogul and social activist Russell Simmons, alongside film director/producer Brian Robbins (founder and president of Varsity Pictures, director of “Hardball,” “Varsity Blues”) and well-known music executive Steve Rifkind have partnered with Universal Music Group to launch All Def Music, a new “record” label whose sole focus is the promotion and development…