In a story over on HypeBot it appears EMI could be looking to sell off it’s recorded music division in an effort to pull themselves out of the profit black hole they seem to have fallen into. So in an effort to cut costs and boost their share price the board is said to be “seriously considering it”.

Sources are reporting that since EMI’s original proposal of offering DRM free MP3s didn’t go over too well with record labels (imagine that) they — EMI — came back with an offer where the labels would give EMI an advance on future royalties. Full Story »

It appears the times they are a changin! Major announcements and possible shadow motives are causing quite the buzz in the digital music industry. Announcements and grand standing and DRMs, oh my! EMI is reported (BugMeNot login info) to be making the move towards unrestricted digital music sales. That means good old fashioned MP3s with no DRM! So could this really be happening? Full Story »