Last week, a ground-breaking deal was announced between Clear Channel and Taylor Swift's Big Machine Label Group. Clear Channel has, for the first time in radio history, offered to pay artists and labels a negotiated performance royalty in advance of any potential legal requirement set by Congress.
Popdust raises $4.5 Million from VCs to fund operations
News from around the web on Popdust's raise of $4.5 Million to fund operations. This new music service that marries musc news with fashion merchandising. It's a lot like I did as VP of Music at StarStyle.com from '05 to '07. Remains to be seen whether they can really drive commerce with music fans.