Morning Fix: Tupac Hologram Company Goes Broke, More Coachellas? J.Lo's Cable Channel, iPhone 5!
Morning Fix: Tupac Hologram Company Goes Broke, More Coachellas? J.Lo's Cable Channel, iPhone 5!

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AEG ATTORNEY FIRES BACK OVER MICHAEL JACKSON EMAILS: 'NOBODY IS TELLING THE STORY PROPERLY': A series of controversial leaked e-mails relating to Michael Jackson's doomed "This Is It" residency in London -- involving promoter AEG Live president Randy Phillips, Concerts West co-president Paul Gongaware, and "This Is It" director Kenny Ortega -- have spurred much industry discussion and more than a little confusion. The e-mails were first published in the Los Angeles Times in an article AEG attorney Marvin Putman calls "misleading and inaccurate."

TODAY'S APPLE IPHONE 5 ANNOUNCEMENT: WHAT TO EXPECT: Apple is widely expected to announce an iPhone 5 at an event starting at 1 pm ET today. Along with the event comes the usual -- if not more -- speculation given to every product launch to what now stands as the world's most valuable company. Here's a quick rundown of what could unfold at the event.

TUPAC HOLOGRAM CREATORS FILE FOR BANKRUPTCY: Digital Domain Media Group made huge headlines
this year when it debuted its hologram of the late Tupac Shakur at the Coachella Music & Arts Festival. But the buzz wasn't enough to save the special effects company, which filed for bankruptcy protection on Tuesday. Private investment firm Searchlight Capital Partners will buy Digital Domain's core production business for $15 million, pending court approval.
CNN Money

Goldenvoice, the promoter behind the Coachella Valley Music & Arts Festival, is aiming to secure a home for its desert festival through 2030 as its current contract with the town of Indio, Calif. expires after the 2013 event. Indio has released documents that if approved, would add up to two music events to the calendar year. Goldenvoice currently puts Coachella over two weekends and the country-focused Stagecoach for one weekend in the spring. In the summary of the long-term proposal is the revelation that the potential deal would allow for up to five festival weekends per year, with two more weekends in the fall that could conceivably be on par with the size of Coachella.
LA Times

MARK ZUCKERBERG SAYS SPOTIFY 'IS KILLING IT' -- BUT WHAT DOES THAT MEAN?: It would take Roget's Thesaurus and a spirited debate to reach the exact meaning behind one of Facebook founder Mark Zuckerberg's statements during his keynote interview at the TechCrunch Disrupt conference on Tuesday. "Spotify is killing it right now," he said. But what exactly did he mean?

Jennifer Lopez is partnering with nuvoTV -- an English-language, Latino-targeted cable channel -- on new programming, both behind the scenes and in front of the camera. The singer, actress and former American Idol judge will also be involved in marketing strategies at nuvoTV, where she's a part owner. The channel was launched in 2004, and last year changed its name from Si TV to nuvoTV.

JOHN MALONE'S LIBERTY MEDIA BOOSTS SIRIUS XM STAKE TO 49.7 PERCENT: John Malone's Liberty Media has further raised its stake in satellite radio firm Sirius XM Radio to 49.7 percent, positioning itself to potentially take a controlling stake. According to a regulatory filing, Liberty has bought 31 million additional shares to boost its holding in Sirius from 49.2 percent. The move will provide material for questions at the Bank of America Merrill Lynch Media, Communications & Entertainment Conference in LA later today as Sirius CEO Mel Karmazin and Liberty Media CEO Greg Maffei are both scheduled to speak.

TURNTABLE.FM'S SETH GOLDSTEIN CREATING EDM HUB: The music industry's latest gold rush is over dance music, which lures tens of thousands of fans to festivals and dominates pop radio. But to Seth Goldstein, a technology entrepreneur who was one of the creators of, last year's hot music start-up, the dance world is missing something essential: an online hub for mainstream fans, gathering news, music and videos from all the corners of the Internet. He compares the idea to MTV in the 1980s, which created a broad mainstream audience for music videos, thus drawing advertisers.
New York Times

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The Barclaycard Mercury prize '2012 albums of the year' will be revealed today. Eligibility period for this year's prize runs from 12 July 2011 to 10 September 2012 -- so the new xx album might make the cut -- and it's recorded music of all genres by British or Irish artists only. Potential candidates include alt-j; Django Django; Jessie Ware; Kate Bush; Laura Marling; the Maccabees; Richard Hawley; Sam Lee; Paul Buchanan; Plan B; Portico Quartet and Rustie.
The Guardian

JAY-Z'S MADE IN AMERICA: DID IT WORK?: The Budweiser Made in America festival had a lot of elements of a blockbuster: a headlining set from Jay-Z who brought in hugely popular artists (including Pearl Jam, Run-DMC, Drake, Prince Royce, Skrillex), promotion from Live Nation, live streams from YouTube and Pandora and a title sponsorship from Anheuser-Busch, which shelled out big bucks to put on the festival and advertise it during the Olympics. All of which begs the question: was the Philadelphia festival a bona fide success?

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