Reuters - It may be about time to dig out that old library card. Hoping to draw back readers, libraries have vastly expanded their lists of digital books, music, and movies that can be downloaded by their patrons to a computer or MP3 player -- and it doesn't cost a cent, unlike, say, media from Apple Inc'siTunes or Amazon.com Inc.

AP - Sony Corp. said Tuesday it is buying Bertelsmann AG out of their 50-50 music venture Sony BMG for $900 million, giving it full ownership of a roster of artists including Alicia Keys and the increased ability to leverage music over an array of electronic devices.

Reuters - Google Inc has launched a music search service in China that will give users access to free downloads of licensed songs, while capturing advertising revenue for music providers in a market rife with piracy.

AP - Lil Jon, who was in musical limbo after his longtime record label TVT Records went bankrupt earlier this year, has reached an agreement that frees him from his TVT obligations while entering into a new venture with digital entertainment company The Orchard, which is purchasing TVT's assets.

Reuters - Sony Corp agreed to buy Bertelsmann's 50 percent stake in their Sony BMG music joint venture for around $900 million, ending a four-year venture that never managed to beat the music industry's woes.

AFP - Sony was set Tuesday to take full control of the world's second largest recorded music company after German media giant Bertelsmann said it would quit their Sony BMG joint venture.

Reuters - The world's top cell phone maker Nokia (NOK1V.HE) cut prices for many of its handsets in July, according to market data and industry sources, putting further pressure on its rivals' already thin profits.