• Sony Music Sales Down 14.5% Last Quarter. (Billboard) Currency fluctuations including a stronger Yen contributed.


• Rdio tunes in $17.5 million financing round (FMC) Industry vet Rob Cavallo has joined the Rdio board.

More Music Industry News & Commentary:

• What the Citigroup takeover means for EMI - Nobody expects Citigroup to hold on to EMI, but its fate will affect artists and songwriters on the major label's roster. (Guardian) And then there's Guy Hands Two Terrible Mistakes.


• Amos Lee's Mission Bell, debuted at #1 with just 40,500 sold, the lowest #1 in chart history, Iron and Wine was right behind Lee at #2 with 39,000 copies. (FMQB)


• Amazon's Facebook Integration Is The Future Of Commerce (SAI) Think about this for music...


• Downtown has inked a multi-year publishing administration and joint venture with LA's Check Your Pulse, the publishing arm of Pulse Recording.


• Will the Music Industry Ever Learn From Its Mistakes? (Gigom) 


• Single Track Downloads Dominate. (PCWorld)


• Crowdfunding: raising money from strangers. (Indie) 


• Music Video Made on Microsoft Kinect Is Ghostly and Lovely. (Mashable)


• UK Music Lobbyist Says Rethinking Fair Use Is 'Intellectual Masturbation' (Techdirt)