Draw this shape with ellipse tool :
Draw another #B0B0A colored shape :
Apply inner shadow as shown :
Draw a white color shape with ellipse tool. Rasterize this layer :
Control+click on its layer name in layer palette to select it. Move the selection as shown. After that press delete :
Draw this #737373 colored shape :
Apply Inner Shadow :
Draw this #C0C2BF colored shape with pen tool :
Apply inner shadow :
Draw these shapes :
Create a new layer. Draw the shape with 15 point brush :
Draw this #125393 shape with ellipse tool :
Apply these layer styles :
Finally type the name of online music company.
Our online music company logo is ready :)
More Tutorials: 
