ANOTHER ONE BITES THE DUST: Playlist.com, an ad-supported digital music service that attracted such investors as former MTV head Bob Pittman, and executives such as MySpace Music’s Owen Van Natta and John Sykes, has filed for bankruptcy, with $2.2 million in assets (just $203k in cash), while owing the four major labels a total of $25 million. Managers wrote in their filing that the company plans to use Chapter 11 to "gain a breathing spell free from the threat of execution of judgments...so that it can complete a new round of equity financing." Playlist.com owes Universal Music Group $16.6 million, Warner Music Group $4.1 million, Sony Music Entertainment $3.1 million, and EMI Music $2.1 million. (8/24a)
THE COUNT: ALL THE DESERT'S A STAGE
The dust settles on the Indio Polo Grounds. (4/22a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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