December 29 - 3:05pm EST   A new video-sharing website may be in the works, as the four major music labels -- Universal, Warner, EMI and Sony BMG -- are in preliminary talks for creating their own web portal, according to a weekend Financial Times report. Early last week, news came of the four labels planning to band together to create a site devoted to music videos and related content. More recently word has leaked of the three options the labels are considering, due to unhappiness with the ad revenue derived from the Google-owned YouTube. Under consideration is a premium service on YouTube, a totally new site, or a partnership with Hulu, the film and TV site jointly owned by News Corp. and ... [full story]

December 15 - 4:00pm EST   Hold-out major labels are split on what they want before allowing DRM-free tracks on the iTunes Store, anonymous sources claim. Although Apple CEO Steve Jobs has claimed to want DRM-free tracks on iTunes, only EMI and a host of independent labels have so far offered any material which can be copied without arbitrary restrictions. Apple benefits financially from DRM by forcing iTunes customers to use iPods for many tracks; this is not why DRM-free tracks have been slow in proliferating however, according to the sources. [full story]

November 25 - 3:30pm EST   Apple may have already completed negotiations with the three major record labels not yet on iTunes Plus, reports suggest. Apple is only recently said to have begun talks with Warner, Universal and Sony BMG to open up its catalog for the DRM-free Plus service, which currently hosts EMI and a collection of independent labels. Although Plus tracks are popular, allowing unlimited backups and broader media player support, most major-label tracks on iTunes are locked to Apple's FairPlay DRM. [full story]

August 5 - 9:10am EDT   Sony today announced that it has bought out Bertelsmann's 50 percent stake in Sony BMG and will now completely own its music label. The new label, named Sony Music Entertainment Inc. (SMEI), ends the short four-year run of Sony BMG and will let Sony create a "total entertainment experience" where the electronics giant can more closely integrate its music with its devices, according to company chief Sir Howard Stringer. [full story]

July 29 - 4:25pm EDT   Sony today reported that its profit had dropped approximately 47 percent in the spring quarter versus the same quarter a year ago, representing one of the company's steeper drops in recent history. The Japanese company chiefly attributes the company-controlled aspects of the shortfall to poor Sony Ericsson results, which saw the company's cellphone sales virtually flatten as customers turned away from its mid-range and high-end phones, which target the same camera and music fields as devices like Apple's iPhone, LG's Viewty, and Nokia's Nseries. [full story]

July 25 - 12:25pm EDT   The upcoming MySpace Music service may ultimately be run by another major online music store, say alleged sources for TechCrunch. The social networking site is described as most likely picking Amazon MP3 to handle the commerce behind the store but is also said to be entertaining offers from other companies, including Apple and RealNetworks. No commitments have yet been made. [full story]

June 30 - 10:45pm EDT   Nokia tonight signed on Warner Music Group to its Comes With Music unlimited subscription service, joining founding partner Universal and recent entrant Sony BMG in offering its back catalog. The deal lets users buy phones with a Comes With Music premium attached and download an unlimited amount of Warner's music (or of any other label) for a year; all tracks downloaded during that time are the user's to keep, addressing a common complaint regarding most subscription plans. [full story]

April 30 - 10:40am EDT   Nokia today rebuffed claims that its Comes With Music service will damage the company financially. The Finnish cellphone maker denies that the deal will force it to accept losses on music downloads and says instead that the service was created from the outset for profit rather than the unfair deal biased in favor of music labels, as suggested by earlier reports. [full story]

April 22 - 7:25am EDT   Sony BMG today said it would join Nokia's Comes With Music unlimited music service, adding support beyond the initial Universal Music Group catalog. The announcement confirms recent rumors of talks and will let anyone purchasing a Comes With Music-based phone download unlimited music over the course of a year-long subscription. At the end of the term, phone owners can keep any downloaded tracks and either pay for a Nokia Music Store subscription or buy music a la carte. [full story]

April 8 - 1:20pm EDT   Slacker, the creator of its namesake Portable Radio Player, has announced a deal for the support of all four major record labels: Warner, Universal, EMI and Sony BMG. The Portable is an unusual "radio" device in that it does not stream live music, but rather syncs with the Slacker service via USB or Wi-Fi, and copies up to 40 "stations" for listening offline as well as on. As music plays listeners can rate their tracks, and ban ones they do not want to hear again. [full story]

April 3 - 12:40pm EDT   MySpace and three major record labels -- Warner, Universal and Sony BMG -- have confirmed earlier reports by announcing the creation of MySpace Music, a new online store. Visitors will have at least two options in visiting: streaming music for free, with the costs covered by advertising, or paid downloads, making MySpace the latest rival to outlets such as Amazon or Apple's iTunes Store. Also possible may be some form of subscription service, but this is still under consideration. No launch date has been announced. [full story]

April 3 - 11:00am EDT   MySpace's frequently rumored music download store could launch as early as today, according to a rumor put forward by CNET. The publication claims to know sources who say that an initial announcement is planned that will expand the site's currently hands-off music section into a service that offers a combination of downloads and streams. Mirroring past stories, the feature would allegedly let users either pay to download full MP3 songs and ringtones or else stream songs for free on the web. Users could also buy their concert tickets directly from the site. [full story]

March 25 - 9:15am EDT   Sony BMG is considering a subscription-based music service that would work with all devices, according to remarks by label chief Rolf Schmidt-Holtz to the German newspaper Frankfurter Allgemeine Zeitung. While the company is exploring other ideas, the executive notes that the firm is considering an option that would allow unlimited downloads for most any portable music player, including iPods. Such a plan would cost between 6 and 8 Euros ($9 to $12) per month but would also allow users to keep between 40 and 50 of the tracks they download each year, eliminating common complaints about music disappearing once a subscription ends. [full story]

March 24 - 1:25pm EDT   Two major music labels are close to signing a deal for the rumored MySpace Music online store, say sources talking to the New York Post. Both Sony BMG and Warner Music are reportedly near the end of talks that would make their catalogs available the service, which is still expected to offer paid MP3 downloads as well as ad-subsidized free streams of music and videos. The feature is also now said to have downloadable ringtones through a deal with News Corp.-owned (and MySpace sister company) Jamba. [full story]

February 18 - 1:20pm EST   News Corporation is planning a musical equivalent of its Hulu video venture with NBC, a new report claims. News is allegedly after a deal with the four major music labels -- EMI, Warner, Universal and Sony BMG -- who would each provide equity for a new opeartion. It would be carried and controlled by News' MySpace division, but the intent is to create a shared portal, where people would be able to listen to DRM-free music in exchange for subjecting themselves to advertising. [full story]