Hypebot: Terra Firma/EMI, iTunes, eMusic Mobile, Festivals vs. Radio, P2P, Bandwidth Conference, Victory Records

Music industry news from Hypebot:

After several deadline extensions, UK investment firm Terra Firma finally won its bid to take the EMI Music Group private.

iTunes hit 3 billion downloads amid new reports that Apple is exploring free ad supported downloads.

eMusic cut a deal with AT&T Mobile to make its 2 million indie track catalog available for downloads and announced a new study that showed that its subscription model is good for indie music sales.

Hypebot explored,  "If Music Festivals Can Thrive On Diversity, Why Can't Broadcast Radio?".  Read Part I and II.

A new UK study showed that illegal P2P use is rising just as download sales are slowing.

SF upcoming Bandwidth Conference added Warner Brothers Marketing VP Peter Standish as a keynote.

A former VP of indie Victory Records revealed the alleged dark side of the way the label operates in an open post to the industry.

See ProHipHop's Hypebot Industry News category for past roundups.