Wednesday Business Links: iTunes Nears Agreement with EU, Pandora Closes Shop for UK Users
iTunes is close to reaching an agreement with the E.U. over its European iTunes pricing case. No fine is expected. Also, the antitrust case against the four majors will be dismissed. (paidContent)
The chairman and chief executive of EMI Music UK & Ireland is out and North America chief Roger Ames will take over the open A&R duties. That'll save some money. Times Online
The House Commerce Committee has begun an investigation into the FCC's regulatory procedures and chairman Kevin Martin's management practices. (Radio Ink)
MTV has partnered with imeem to offer its video and entertainment content at the social media network. Users will be able to watch and share video clips, add clips to their personal profiles and create video playlists. (Press release)
The European Union wants a single market for web media and will "encourage" the content industry to work together to provide consumers better access to TV, music and games via mobile phones or the Internet. (BusinessWeek.com)
Citing an inability to secure an "economically workable license fee," Pandora has shut down its Internet radio service to UK users. (BBC News)
Zavvi, formerly Virgin Megastores in the UK, experienced a 10.8% same store sales increase for the four-week period ending January 5. Music sales during that period were down 11.6%. (Billboard.biz)
Yahoo released code for a browser-based MP3 player. (TechCrunch)
SXSW Update: The next registration deadline is January 11. The music portion of this year's conference/festival runs March 12-16.
[music jobs] The Beggars Group & Matador Records is seeking a Paralegal

Music Groups