Head HERE to subscribe to Billboard's free music-business newsletters.

NEON TREES GROW ON BILLBOARD HOT 100: Neon Trees' "Everybody Talks" claims the Hot 100's top Airplay Gainer tag this week, while Demi Lovato's "Give Your Heart a Break" becomes her first top 10 on Airplay. Also, Carrie Underwood bounds up, Mumford & Sons drop and Brandy returns in this week's Hot 100 Chart Moves .
Billboard.biz

NO SURPRISES: SPOTIFY GREW FAST, LOST MONEY IN 2011: Spotify's losses mounted as it expanded in the U.S. and elsewhere in 2011 -- to no surprise. Subscription revenue grew nearly 200% while ad revenue grew at a much slower rate, begging the question: Is Spotify improving its ability to convert free users into paying customers or poor at monetizing its free users?
Billboard.biz


TOWNSQUARE BUYS WHATS LEFT OF MOG:
In July, headphone-maker Beats Electronics bought MOG's music streaming service, but it didn't buy all of MOG - the company still operated a web ad network focused on music blogs. Now radio chain Townsquare Media has picked up the MOG Music Network for nearly $10 million.
All Things D


COURT AFFIRMS TENENBAUM'S $675K PIRACY PENALTY, AGAIN:
Six years after Joel Tenenbaum was sued by record labels for illegally downloading 31 songs, a judge has upheld the $675K penalty against him that was once overturned by the courts. Tenenbaum, who was once a symbol of excessive penalties for illegal downloading, has perhaps become better known for his experience with the U.S. Justice System's seemingly endless and unpredictable appeals process.
CNET


COLONY TO CLOSE:
New York's legendary Colony Records, for decades a mecca for records and sheet music, confirmed that it will close, possibly within the next few months. "Increased expenses and diminished sales have gotten us to a point where it's not feasible to continue," co-owner Richard Turk said. " The digital age has changed everything."
NY Times


WHY JAY-Z IS A MODEL FOR ENTREPRENEURS: GUEST POST BY JASON HIRSCHHORN:
Jason Hirschhorn explains why Jay-Z's legendary, bravado performance at England's Glastonbury Festival -- where he took on critics (and Noel Gallagher) who claimed hip-hop didn't belong at the fest and blew them away -- is a template for how entrepreneurs can take on haters.
Billboard.biz


SONY RED & CINEMATIC MUSIC GROUP ANNOUNCE PARTNERSHIP
: Cinematic, which houses artists including Big K.R.I.T., Smoke DZA, Joey Bada$$, Fat Trel, Cashius Green and Pro Era, will release new albums from its roster under Sony's RED distribution in the forthcoming months. Cinematic will maintain complete creative control over its operations while RED will handle distribution and marketing outreach.
Hip-Hop DX


FACEBOOK REORIENTING FOR SMALL-SCREENS: Mobile
is clearly on Facebook's mind, especially now that people are spending more time using Facebook through mobile apps than on computers. And on Wall Street, investors are putting pressure on Mark Zuckerberg's social network to master the mobile world so it can speed up growth and lift its sagging stock.
NY Times


GANGNAM STYLE'S SUBVERSIVE SOCIAL MESSAGE: South Korea's PSY (a.k.a. Park Jaesang
) has succeeded where the K-Pop entertainment-industrial-complex and its superstars have failed so many times before: he's made it in America. With more than 50 million hits for his viral video "Gangnam Style," the seemingly innocuous song, unlike most K-Pop, actually contains social satire .
Atlantic