Radiohead Rage Against the Machine Nine Inch Nails Kanye West Wilco The Raconteurs Louis XIV Love and Rockets Gnarls Barkley Bloc Party The Black Keys Broken Social Scene Lupe Fiasco Flogging Molly Mark Ronson Cat Power The National G. Love & Special Sauce Sharon Jones & the Dap-Kings Explosions in the Sky Brand New Gogol Bordello Stephen Malkmus & The Jicks Dierks Bentley Okkervil River Amadou & Mariam Blues Traveler John Butler Trio Girl Talk Your Vegas CSS Eli “Paperboy” Reed & the True Loves Battles Steel Train Jamie Lidell Bang Camaro Butch Walker The Blakes Mates of State Tally Hall Spank Rock White Lies Brazilian Girls Magic Wands Chromeo Electric Touch Duffy Innerpartysystem The Kills The Postelles Rogue Wave The Parlor Mob The Go! Team Bald Eagle Mason Jennings Krista The Gutter Twins Ha Ha Tonka Yeasayer Witchcraft Grizzly Bear We Go To 11 MGMT Sofia Talvik The Weakerthans Booka Shade Santogold Black Kids Black Lips Dr. Dog Nicole Atkins & the Sea The Ting Tings Kid Sister Office The Cool Kids What Made Milwaukee Famous Does It Offend You, Yeah? The Whigs Manchester Orchestra Foals Uffie The Octopus Project Cadence Weapon Ferras De Novo Dahl Noah and the Whale Margot & the Nuclear So and So’s K’NAAN Serena Ryder Newton Faulkner

MySpace has settled their copyright lawsuit with Universal Music Group, paving the way for the launch of MySpace Music. Other major labels on board include Sony-BMG and Warner Music Group. The only major label that’s not on board is EMI. The service will allow users to stream music, purchase MP3 downloads, ringtones, concert tickets and merchandise. Already, it’s being heralded as major competition to iTunes, due to the huge user base of the site. The official announcement could come “in days” according to Reuters.

UPDATE

It’s official.  The following is from allaccess.com

MYSPACE MUSIC product will integrate new content and music capabilities across three primary areas: the MYSPACE MUSIC home page, the site’s more than five million artist profile pages and individual user home pages, providing bands and fans multiple touch points to discover, share and purchase music and merchandise in one place for the portable device of their choosing. MYSPACE MUSIC empowers bands and fans with unprecedented digital music service and e-commerce platform within MYSPACE that will include DRM-free digital downloads, ad-supported audio and video streaming, a mobile storefront (powered by NEWS Corporation’s JAMBA mobile company), as well as various sponsorship solutions.

For users, MYSPACE MUSIC will enable the site’s global community to discover music and then download, stream and personalize music content. The personalized music management product will allow users to control their entire MYSPACE MUSIC experience directly from their user page by creating playlists and having access to enhanced purchase opportunities and search functionality.

For the labels’ artists, the formation of MYSPACE MUSIC will offer them the opportunity to provide their fans with digital downloads as well as mobile ringtones, SMS, and artist wallpapers, all directly from their artist profiles. Additionally, artists will be able to evolve their MYSPACE experience beyond the promotional by now monetizing their full repository of content with a 360-degree solution, including not only the sale of digital content, but also physical goods such as T-shirts and concert tickets.

In an effort to curb profit losses due to music downloading, Warner Music has proposed a mandatory $5 tax to be tacked onto everyone’s internet bill. In exchange you’d have access to basically all music in the history of ever. Don’t get so excited though…the fine print shows the true evil behind this bill. It would screw artists hardcore. Read more here.

A reliable source tells HEAVE that Chicago indie rock group Wax On Radio has broken up.  They will be reforming under a new name without drummer Sammy Del Reao.

This is a few hours old, but $5 billion merger between XM and Sirius Satellite Radio has been approved by the Department of Justice. The lengthy statement released today by the DoJ states that after a thorough investigation, it has been determined that the proposed merger would not hurt consumers. The merger still has one major hurdle to overcome, getting the approval of the FCC. If the FCC approves the merger, all systems will be go. Read the entire statement here.