New York - Vevo, the music video joint venture between Sony Music and Universal Music that will use technology from Google's (NASD: GOOG) YouTube, is set to launch on Dec. 8, the company announced via its Twitter feed. The labels hope the standalone site will help them further monetize their music videos -- which are the most-watched content on all of YouTube. read more

London - U.K.-based EMI has signed a deal to become the first major record label to feature its music videos on Hulu, the video portal joint venture between NBC Universal (NYSE: GE), News Corp. (NYSE: NWS) and Disney (NYSE: DIS).read more

Los Angeles - Several Hollywood movie studios have filed suit against a Swedish ISP that is hosting OpenBitTorrent, an independent BitTorrent file-sharing tracker site that was launched in the wake of the The Pirate Bay's announced sale to Global Gaming Factory, TorrentFreak reported. The studios sued hosting provider Portlane, demanding that it shutter the OpenBitTorrent website.read more

Stockholm, Sweden - Marking "the end of an era," the operators of file-sharing hub The Pirate Bay on Tuesday shut down their BitTorrent tracker, which grew over six years to become the largest hub for finding copyrighted materials for download in the world, TorrentFreak reported. "Now that the decentralized system for finding peers is so well developed, TPB has decided that there is no need to run a tracker anymore, so it will remain down! It's the end of an era, but the era is no longer up2date," the Pirate Bay wrote on its blog. "We have put a server in a museum already, and now the tracking can be put there as well."read more

London - Microsoft (NASD: MSFT) plans to launch its Zune entertainment distribution brand outside the U.S. next year, the Financial Times reported.read more