gdgt, the consumer electronics review site, said on Wednesday it has been acquired by AOL. Financial terms of the deal were not disclosed. . Read More

San Francisco – RCRD LBL, a new online record label co-founded by Peter Rojas, founder of technology blogs Engadget and Gizmodo, and Downtown Records head Josh Deutsch — this week announced its launch and the release of its first DRM-free, exclusive MP3s from artist and label partners.

Initial label partners include Downtown, Warp, Kompakt, Dim Mak, Modular, Dirtybird and Drowned in Sound; the company's first MP3s offered include tracks from Grizzly Bear, Spank Rock, Battles, Bloc Party, Justice and Cold [...].

The announcement that Peter Rojas, founder of Engadget, will join Downtown Records to launch an online-only, free music label is a sensible marriage.  The label, to be called RCRD LBL, will offer music in an ad-supported format, something industry execs have been discussing at conferences and forums for the last year.  But it’s not merely the free music that will help the label find success.  Rojas’ ability to create compelling editorial around a label that has a solid reputation for [...].