Music industry news from Hypebot:

Universal Music Group cut 50 staffers.

WMG paid its two top execs $14 Million last year while the company lost money.

McDonald's partners with Dollar Van Demos for hip-hop flavored ads.

BMI sued T-Mobile over ringbacks.

A lawsuit against the major labels for online price fixing was reinstated.

The 10 Most Popular Music Sites In U.S.

eMusic added WMG catalog. Will more labels follow?

RealNetworks founder Rob Glasser stepped down after 16 years.

UMG is taking Grooveshark to court.

Tunecore CEO Jeff Price takes on Soundscan.

Dimensional Associates raised it's bid to buy back The Orchard.

EMI passed lender Citigroup's financial stress test.

Kyle Bylin: Song Stories – A People’s History of Popular Music

An interview with Jay Frank of Futurehit.DNA & CMT: Part 1 and 2

Ad supported Free All Music signs Universal. EMI will be added soon.

What do the music industry sales figures for 2009 really mean?

Fan funding site SliceThePie scored its first major label signing.

MySpace finally reactivates imeem playlists.

What year will digital music sales pass CD sales? Is it this year, as eMarketer believes or is Forrester's 2013 prediction more accurate? Cast your vote.

A comprehensive list of income streams for musicians.

What Is Indie? Soundscan reclassifies 217 retailers.

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