• Though it was just down the road from Vanderbilt, I was unable to attend the Leadership Music Digital Summit 2007 yesterday in Nashville. Paul Resnikoff from Digital Music News was there and has posts on the familiar themes that emerged and the conversation about lack of scarcity in the digital world.

• MusicRow.com covered Terry McBride's speech at the conference. "We must move to monetize the behavior of the consumer, not try to change it," he said in a common refrain. I'd love to hear his thoughts on Qtrax, which attempts to monetize a behavior by trying to change that behavior so it is in line with the only type of licensing agreements that will allow for such attempts to monetize a behavior... (MusicRow.com)

• A Chinese court has ordered Yahoo China to delete links to free web sites that offer music downloads. Beijing's No. 2 Intermediate Court ruled Yahoo should bear some -- but not all -- of the responsibility for the copyright infringement. Warner Music Group, through the IFPI, sued Yahoo China for copyright infringement in January of this year. (Reuters)

• The IFPI's statement on the Yahoo China ruling said "the ruling promises to improve the whole environment in which the local and international music industry does business in China." (IFPI)

• The iinovate blog has a podcast and video interview with Pandora founder and Chief Strategy Officer Tim Westergren. (iinovate)

• A Bank of America analyst said of XM and Sirius "stand-alone values and merger synergy values likely are lower than previously estimated." Based on market valuations, he believes regulatory approval of a merger is 35-40%, but " FCC contacts believe that the percentage is trending lower." (RadioInk)

• Other Music, perhaps the ultimate tastemaker New York music store, has launched its digital download store. Downloads are 320kbps non-variable rate MP3 files. Said the introduction page, "It is very important to us that in this new era, real record stores run by real music fans can still survive and thrive."