mcgraw BUZZ MEDIA PURCHASES FOUR NEW SITES, CREATES PUNK MUSIC NEWS HUB: BuzzMedia is continuing its acquisition spree, purchasing punk websites Under The Gun Review, Alter The Press!, PropertyOfZack, and Punknews.org as part of a new central hub for punk music news, which the company will call AbsoluteVoices. The four acquired properties will join with existing BuzzMedia property AbsolutePunk, which will serve as the main site in the new collective.
Billboard.biz

universal BANDSINTOWN CONCERT AUDIENCE RESEARCH: FANS NEED INFO; 'SUPERFANS' SPEND WAY MORE Facebook concert discovery app BandsInTown, which claims to power tour listings for more than 100,000 artists and track even more, commissioned Insight Strategy Group to conduct a survey that turned up iintriguing results on the live music fan and their ticket buying habits.
Billboard.biz


BEST BUY, HOWARD SCHULZE CLOSER TO TAKEOVER
Best Buy and company founder Richard Schulze have reached an agreement that allows him to conduct due diligence and form an investment group to make an official bid for the struggling electronics retailer and take it private. CNET


WHAT APPLE'S $1B VICTORY MEANS FOR CONSUMERS: Apple's $1 billion court victory over Samsung poses a lot of questions for consumers. Will Samsung phones still be available for sale? Will they be more expensive? Will owners of existing phones need to worry? Associated Press


AMAZON'S CLOUD RESHAPING COMPUTING: Within a few years, Amazon.com's creative destruction of both traditional book publishing and retailing may be footnotes to the company's larger and more secretive goal: giving anyone on the planet access to an almost unimaginable amount of computing power. NYT



RZA LAUNCHES NEW LABEL SOUL TEMPLE RECORDS; REVEALS "THE MAN WITH THE IRON FISTS" SOUNDTRACK
: Wu-Tang Clan member/producer RZA announced the formation of a new label, Soul Temple Records. The first release on Soul Temple Records will be "The Man With the Iron Fists" soundtrack, which will feature Kanye West, Pusha-T, M.O.P., Freddie Gibbs, Kool G. Rap,Corrine Bailey Rae, The Black Keys and others. AllHip-Hop.com


MILLER WILLIAMS JOINS KOBALT: Publishing exec Miller Williams has joined Kobalt's UK office as senior vice president, creative and will report to Kobalt executive vice president, creative Sas Metcalfe who will now work out of the L.A. office to oversee the company's worldwide creative team. Music Week


102 ARRESTED AT COUNTRY MUSIC FESTIVAL AT GILLETTE STADIUM: It was a busy weekend for police at the New England Country Music Festival at Gillette Stadium featuring headliners Kenny Chesney and Tim McGraw. One-hundred-two people were arrested Friday and Saturday and nearly 500 more were taken into protective custody. But many parents think the police went too far...
CBS