• Navarre finalized the sale of its independent music distribution segment to Koch yesterday. Navarre received $6.5 million at closing and plans to collect $11 million from trade receivables that were not part of the transaction. The company plans to use the proceeds to pay down its credit facility. (Press release)

• EMI had agreed to give YouTube users access to its videos and music and use the content in their own user-generated content. EMI will use YouTube's management tools to track and monetize the content. EMI is the last of the four majors to come to an agreement with YouTube. (Press release)

• Ad-supported P2P (sort of) site SpiralFrog is set to launch by the end of the summer, according to company chairman and founder Joe Mohen. SpiralFrog has been in a period of upheaval with the exit of executives and directors. One bright spot: the company is currently in beta testing in Canada. (Billboard.biz)

• David at Digital Audio Insider went through his latest eMusic statement and blogged about the payout increase. His band's per-song payout rose 11.3% since eMusic recently increased its payout rates. (Digital Audio Insider)

• You don't hear about retailers seeing sales of iPods and related accessories, but Sharper Image reported sales of both were instrumental in the company's 21.5% drop in revenues for fiscal 2006. (10-K)

• Industry legend Alan McGee is reportedly winding down his Poptones record label because he thinks bands should release music themselves and developing new acts is not economically feasible. "New groups will have to develop themselves," he said. (Digital Spy)

• PaidContent has an audio interview with RealNetworks' Rob Glaser. (Download MP3 or stream at this page)

• Perhaps inspired by Al Gore, the IFPI posted a list of "ten inconvenient truths about the music industry today," which includes blasts against Pirate Bay, Allofmp3.com, organized crime, file sharers and ISPs that "facilitate the illegal swapping on copyright infringing music on a grand scale." (IFPI)