Yahoo strikes digital radio deal with Clear Channel

Yahoo’s latest deal with an entrenched traditional media brand will bring digital radio station portal iHeartRadio into its fold. Yahoo and Clear Channel will also cross-promote each other’s content, as well as partner on live events.

Music will be a tough payoff for Facebook

Last week Om broke a big story on Facebook’s plans for music. But is music Facebook’s next billion-dollar business? It will be hard for the company to cash in big on music. Here are three reasons why.