Money Can’t Buy Abbey Road (Yet)

Cash-strapped EMI says it doesn’t want to sell the famous studio, though it would be happy to talk to someone who wants to invest in the property. The real question: What does lender Citigroup, which may end up owning the record label, want to do?

OK Go Wants You to Watch Its Video on Vimeo. OK Go’s Record Label Is Suing Vimeo. Confused? Welcome to the Music Business.

Remember OK Go, the band with the really popular treadmill video a couple of years ago? It has a new video and would like you to watch it on Vimeo, the video-sharing site being sued by EMI, the band’s record label.
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New From Google Labs: Google Plutocrat

The broader advertising recovery may take time, but search advertising is clearly beating a hasty path back toward normalcy. Or it is in Google’s case anyway. Reporting third-quarter results after market close Thursday, the search giant posted revenue of $5.94 billion, an increase of seven percent compared to the third quarter of 2008.
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Mossberg Does Moby: Video and More!

Last night, onstage at Lincoln Center in Manhattan, my most excellent partner, Walt Mossberg, interviewed well-known techno musician Moby about music and entertainment in the digital age. The wide-ranging talk was part of an ongoing cultural festival series organized by The Wall Street Journal, called Summer Scoops Live. Here are some video clips of the event and more.
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Warner Music Boss Edgar Bronfman Wins One: Publishing Exec Dick Snyder Loses $100 Million Suit

A rare bit of good news for the embattled music label CEO: A New York court says he doesn’t owe former Simon & Schuster boss Richard Snyder for helping him figure out how to buy Warner Music a few years ago.

BREAKING: Facebook May or May Not Launch Music Service

Looks like Facebook CEO Mark Zuckerberg is suffering from a bit of Freudian MySpace Envy. Now that the rival social network has launched what MySpace CEO Chris Wolfe likes to describe as “a mega-music experience,” Facebook is said to be looking for a foothold in the digital music business as well.