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IRS Records to be Relaunched by EMI, Crush Management

During the 1980s, the iconic label was home to R.E.M., The Dead Kennedys, The Go-Gos and the Buzzcocks. New signings will be revealed in the coming months.

Related Cos. buying Virgin Megastores

Real estate development firm Related Companies said Friday it will buy the 11 Virgin Megastore music stores in North America from Virgin Entertainment Group.

Melodeo plans music service from iTunes playlists

Melodeo Inc. said Tuesday it plans to help music fans expand use of their iTunes digital music collections beyond their desktop computer and iPod by streaming songs in personal libraries to mobile phones.

EU to approve Uni-BMG deal this month

Vivendi's Universal Music will receive approval from the European Commission to buy Bertelsmann's BMG Music Publishing, a source familiar with the matter said Thursday.