Rise Against Tackles Bullying In New Video
Punk rock group Rise Against have partnered with the It Gets Better Project, a nonprofit organization dedicated to inspiring hope for young people facing harassment, on the release of the accompanying video for their recent single "Make It Stop (September's Children)." The video, directed by Marc Klasfeld, was created to spotlight the effects of the high school bullying culture, specifically in the LGBT community. The track is the second single off the band's 2011 release, Endgame, which peaked at No. 2 on the Billboard 200. (6/21)
EMI Up For Sale?
EMI Music's Board of Directors has launched an effort to seek out and evaluate potential "strategic alternatives" for the company, which could include a sale, recapitalization or an initial public offering, according to a statement released June 20. While EMI does not plan to disclose the developments of its review process until an approved transaction has been reached, the company said there can be no assurance that the review process will result in a transaction. In February, Citigroup acquired 100 percent of EMI and completed a recapitalization of the company, reducing EMI's debt of $5.5 billion to $1.9 billion. (6/21)
Best Buy Launches Cloud Service
Best Buy has launched a beta version of its Music Cloud, a cloud-based service that will allow users to upload music and stream to multiple devices, including computers, tablets and smart phones. The service allows users to stream music when not connected to the Internet, and is currently available on the Android, Apple's iPhone and the Blackberry. Best Buy follows Amazon, Apple and Google in launching music-based cloud services. (6/21)