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On July 1st, Nick Raphael will join Universal Music UK as President, London Records, opening an ambitious new chapter for the label where he started his career. Raphael is joining Universal Music after 10 years at Sony where he is currently managing director of Epic UK. recordoftheday.com...

BBC Radio 1, has announced that the station is set to stage the BBC’s biggest ever free-ticketed live music event. Working in partnership with Hackney Council, BBC Radio 1′s Hackney Weekend 2012 will feature six BBC stages and 100,000 people will be able to attend – for...

HMV, still best known in the public mind for music entertainment, confirmed that it is selling the books business Waterstones to Russian oligarch Alexander Mamut. It will use the £53 million proceeds to reduce mounting debt that has gone alongside four profit warnings at the company...

Warner Music Group passed on a higher offer from a group that included Sony Corp. when it accepted the $8.25-a-share buyout bid from Len Blavatnik, people with knowledge of the music company’s auction said. Sony, with Guggenheim Partners and Ron Perelman, was willing to pay $8.50 a share for Warner...

Coca-Cola has partnered with Yahoo to create a digital fashion channel ‘Style it Light’ for Coca-Cola Light and Diet Coke, as part of the brands’ wider ‘Love it Light’ marketing push. It will host daily fashion features, videos, news, reviews of the latest trends and...

Universal Music has cut a deal with fashion designer Tommy Hilfiger to develop a line of clothing for high-end boutiques and department stores. Universal Music and Hilfiger will work together with as-yet-unnamed artists to develop the apparel. brand-m.biz...

The Internet has given radio a new lease of life. Latest research show that 37.5% of US internet users ages 12 and up will listen to internet radio—including online streaming of terrestrial broadcasts and online-only radio stations—or podcasts at least weekly this year. On a...

Honda is preparing the launch of its 2012 Civic cars with a songwriting competition called The Sounds of Civic. The social media effort on Facebook aims to get people to both submit and vote for original songs inspired by the car. marketingorlando.com...

Microsoft will begin adding Facebook data to its Bing search results, including the ubiquitous “like,” in another bid to differentiate from arch-rival Google. The deal was initially announced in October, but since then Google has upped the ante by adding its own form of social recommendations to...

Google announced a new generation of Chrome OS–based laptops at the company’s I/O developer conference. The new device will be called the Chromebook, and its interface will be based entirely on Google’s Chrome browser. In other words, everything you do with a Chromebook will be on...