Apple nears music deal with labels

Apple Inc. is close to securing deals with all four major recording companies on a music service that will allow users to stream songs stored on remote computer servers, presumably to an array of portable Apple-made devices, ...

Warner to sell entire company, near agreement

Warner Music Group Corp. is seeking to sell the entire company, rather than parts of the business, and could agree on a buyer within weeks, The Wall Street Journal reported on Thursday.

Judge slashes 'monstrous' fine in music piracy case

Condemning a two-million-dollar fine meted out to a Minnesota woman for illegally downloading music over the Internet as "monstrous and shocking," a judge has slashed the penalty to 54,000 dollars.

Spaniard sued for music file-sharing networks

(AP) -- Recording companies went to court Tuesday claiming euro13 million ($17.5 million) from a Spaniard they accuse of profiting from computer programs he designed to allow free music downloads over the Internet.

Google, music labels launch China download service

(AP) -- Google Inc. and major music companies launched a free Internet music download service for China on Monday in a bid to help turn a field dominated by pirates into a profitable, legitimate business.

Vevo cuts deal with Warner Music to license videos

In another move to break from YouTube, music video brand Vevo has cut a deal to license videos from Warner Music, repairing a rift between major labels that began with the launch of the service seven years ago.

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