Warner Music Group has moved closer to striking a deal it has coveted for years: the acquisition of the recorded-music division of rival EMI Group.

Warner, owned since the summer by Russian-American billionaire Len Blavatnik, is in pole position to win an auction of EMI Music after Vivendi SA walked away from the bidding process, according to people familiar with the matter. The Paris-based entertainment and telecom group decided not to pursue a deal after it was unable to reach an agreement. The price tag is likely to be between $1 billion and $1.5 billion, sources said.

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India being on the map of world music, it was imperative that it had a museum dedicated to music. Well, this will in the coming years become a reality. Come 2013, music lovers will experience India’s first interactive music museum in Bangalore. Named ‘Centre for Indian Music Experience’, the museum will showcase the living tradition of music in our country and the contribution of musical legends.

The ‘Centre for Indian Music Experience’, is a non-profit initiative of the Brigade Millennium Welfare Trust and is supported by Brigade Group.  ‘Centre for Indian Music Experience’ is designed by Architecture Paradigm. The state-of-the-aert museum will be a 60,000 sq. ft. structure featuring interactive exhibits with multimedia installations and gallery of 250 Indian musical instruments, a sound garden to introduce visitors to the principles of sound and a learning centre to promote music education and appreciation.

International exhibit planners Gallagher and Associates, who have previously designed the Grammy Museum in Los Angeles and the Woodstock Museum in New York will showcase their expertise in India at the IME.

Renowned musician Shubha Mudgal, Dr. Shubha Chaudhuri (ethnomusicologist and archivist), Sriram Parasuram (musician and scholar), V Sriram (book author) and Naresh Fernandes (journalist) are involved as subject matter experts in the project.

Shubha Mudgal said, “There is a need for a space that showcases the living tradition of music in our country and the contribution of musical legends. The IME aims to fulfill this need and is a much welcomed initiative in this direction.”

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‘Kala Dairy’ will be first Indian Music Channel on the web. Kala Dairy will showcase the grand music events of outstanding performers of classical, light vocal, instrumental, geet ghazal, bhajan, abhang, tappa, thumari and various folk streams.

Kala Dairy highlights the art and the artist with live web net telecasting opportunities to attain worldwide popularity.

Live shows will be organized in association with music organizers, cultural music institutes, groups and keen interested individuals. Concerts will be live as also recorded through Viable all over the world as per specific declared or allotted timings through Internet TV Media Programming schedule, every 4th Sunday of each month from 8.30 am to12.30 a.m. You can view at http://www.livestream.com/kaladiarylivewebtv.