Music Funding Start-Up May Have Run Out of Funding UPDATED

Sellaband, the Dutch start-up that was supposed to let bands raise money directly from their fans, may have run out money itself. Bad news for Chuck D and Flavor Flav.

Surprise! Congress Helps the Britney Bailout Move Ahead.

I’m still skeptical that “The Performance Rights Act,” which would require radio stations to pay musicians–or at least, music labels–whenever they play one of their recordings, will ever get through Congress. Not because it’s a bad idea, mind you, but because the music business seems like an unlikely candidate for Washington aid. The bill, however, did take one big step forward today.
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