In its first press release since February, online music retailer eMusic announced on Monday that it had inked a deal with giant record label Sony Music Entertainment. eMusic, which offers music downloads by subscription (starting at 24 per month for $11.99), will have access to Sony’s immense music catalog — but only tunes that are [...]

Napster today reported financial results for its fourth quarter and fiscal year ended March 31, 2007. Losses continue at the company, despite increased revenues. Net revenue for the fourth quarter of fiscal 2007 grew to $29.1 million, up from $28.4 million in the third quarter of fiscal 2007. Net loss for the fourth quarter of [...]