UNIVERSAL MUSIC‘s purchase of BMG Music Publishing was approved by the European Union.
Universal will become the world’s largest music publisher.
JOOST signed with Creative Artists Agency. The partnership will give Joost greater access to programming, due to CAA’s relationships with content creators and owners.
SoundExchange, which collects royalties from Webcasters on behalf of the record industry, will defer copyright payments for Webcasters with revenue of $1.25 Million or less.
CNN plans to retire Pipeline, its premium online video service brand. Pipeline allowed online viewers to watch multiple streams of CNN content for an annual fee. This option will become available for free.
ANHEUSER-BUSCH‘s Bud.TV continues to suffer audience erosion. After a 40% drop-off during March, the traffic for April was so low that comScore didn’t even measure it.