In Case You Missed It: Reading Recap

The clock is ticking for Terra Firma to come up with enough funds to keep control of EMI – recent reports indicate Guy Hands has rallied some of the investment firms’ largest backers in an effort to raise the minimum needed by the fast approaching deadline… Apple announced at the start of the week that they have already sold one-million iPads, that’s less than half the time it took to sell the same amount of iPhones… Elsewhere, Warner Music Group reported a 15% rise in digital revenue in its most recent quarter… Tunecore delivered stats from 2009 that included a total of $35-million in download and streaming income for artists… And The Register takes an interesting look at Beggars Group in an interview with indie label-group head Martin Mills…