Social network VKontakte (VK) launching a music subscription service

Russian social network site VK (formerly VKontakte) have revealed plans to launch a music subscription service sometime this year. In a massive shift for the popular European social network VK they have revealed plans to…

AT&T Acquires Cricket Wireless and Muve Music to Bundle Music into Telecoms

AT&T has decided to acquire Cricket Wireless for $1.19 billion in cash ($15 per share). This includes net debt, which stands at $2.8 billion, the deal is worth about $4 billion. Cricket Wireless is a…

YouTube Paid Subscriptions Could Be a Good Revenue Stream for Artists

There have been a lot of reports this morning about YouTube launching a Paid Subscriptions option for partners. They havent announced what partners are onboard or what the exact pricing model will be, but it…