• The Clear Channel saga continues: The company and its private equity buyers have sued to force the banks that agreed to help finance the deal to finish what they started. (Radio Ink)

• The WaPo's J. Freedom du Lac profiles Bob Lefsetz. "Lefsetz is something like Jim Cramer with a country-music obsession and a distaste for the synthetic drums of Top 40 pop. Basically, he comes off as kind of a nut. Yet his acumen draws readers who include some of the most powerful figures in the music business." For whatever odd reasons. (Washington Post)

• BMI expects revenue from U.S. ringback tones will grow 50% in 2008. I'll be five bucks that'll be a short-lived growth spurt. Ringtones, on the other hand, are expected to drop 7%. (Billboard.biz)

• Comcast will lift its ban on torrent traffic and will team up with BitTorrent Inc. to find traffic-easing solutions. (TorrentFreak)

• A profile on Borders' hybrid stores that feature a digital center with such services as CD burning and downloading, personal publishing, digital audiobook downloading and genealogy services. A spokesperson offered no numbers but said the new store is doing "very well so far." I'll have to see it in person, but what I've read has not impressed me. (In-Store Marketing)

• Booking agencies Aero and Billions are to merge. (Digital Music News)

• Your Top Gun reference for the day is a post about Steve Jobs predictions that have not come true: "Steve Jobs Is Writing Checks That iTunes Can't Cash." (VentureBeat)

• A good review for the Squeezebox Duet, a cheaper alternative to the Sonos home system. (USA Today)