As a means of  “reconnecting” with fans, Billboard will soon launch a new Website that will allow fans to watch concerts for free online. will allow viewers the opportunity to view a concert from five different angles, letting the viewer choose their focus.

Thus far fans will be able to view concerts from Alicia Keys, Usher, David Archuleta, Daughtry, and more.  And as an added plus viewers will be able to check out their Twitter and Facebook pages without leaving the concert page.

While Billboard is on the verge of broadcasting concerts for free, Live Nation, one of the internets premiere destinations for concert tickets, is reporting a decrease in profits.

Although Live Nation is reporting a decrease in profits their competition Ticketmaster has reported an increase in their profits.

Ironically, Live Nation has entered into a merger with Ticketmaster Entertainment that has cost both companies $12 million and possibly more.

In other music news, earlier this week Music Sales Group launched Freestyle, a new iPhone/iPod Touch application that will allows its users to record music on the go.

Consisting of a note pad, a microphone, a rhyming dictionary, and a sound bank of 10 original beats Freestyle is the on the go studio for the traveling MC.

Making its rounds at last months CMJ Music Festival, Freestyle was given the approval of Hip Hop trio Tanya Morgan and others artists who were allowed test the application before its release earlier this week.

Freestyle can be downloaded from the App Store and is currently available for free for a limited time only.