Tales from a Borders CD and DVD clearance sale. "Almost all CDs and DVDs are 30% off. The liquidation does not include new releases, but everything else is fair game." (LA Music Shopping Examiner)

Gibson Guitar announced it will lay off 70 workers. (Music Row)

Music in advertising is no longer selling out. But re-recording songs to please your record label is selling out? (Times Online)

Live Nation has sold the 20,000-seat Verizon Wireless Amphitheater outside of Austin, Texas to Stream Reality Partners of Dallas, which reportedly wants to develop the property for retail. (Austin360.com)

A ScreenDigest report predicts the global value of mobile music-related revenue streams will be $4.4 billion by the end of 2012. It says Nokia's Comes With Music service will find difficulty competing with add-on music services provided by Apple and Sony Ericsson. (TMCnet)

A Q&A with INgrooves CEO Robb McDaniel. "We've just signed Spotify. ...In the seven years we've been doing this I can't tell you the number of times that one of my employees has come into my office and told me this is going to change the way we consume music or this is going to spell the end of us. Snocap was one at one point. Spotify is certainly getting all the buzz now. " (CNET)

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