What’s In The News: February 25th, 2011

This is what’s in the news for Friday, February 25th. the Wall Street Journal reports that efforts by News Corp (NWS) to sell MySpace are advancing, and sources say bankers Allen & Co this week began to schedule meetings with potential suitors, …the Financial Times reports that The digital music market will soon be shaken up as Apple (AAPL), Google (GOOG) and Spotify race to deliver new services that labels hope may reverse a decade of declining revenues, …And finally, The New York Post has learned that Google’s YouTube is looking to launch an unlimited subscription service for movies. The service, which is similar to offerings from Netflix (NFLX) and Amazon (AMZN), could first be launched in Europe, particularly the U.K., before expanding to the U.S.

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