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Friday’s Music Briefing: XM/Siruis Stocks Tank, Live Nation Drama & More

HYPEBOT FEATURES: Amensty Int’l calls on acts to celebrate the 60th Anniversary of the Decleration Of Human Rights on Dec. 10th. US roylaty rate negotiations are finally getting somewhere iTunes. Continue reading [https://www.hypebot.com/hypebot/2008/06/fridays-music-1-6.html]

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HYPEBOT FEATURES:

> XM and Sirius stock took a dive after one analyst predicted hard times ahead even after the satellite merger as new subscriber growth slows and competition increases. (Fortune).  When universal WiFi/WiMax and thus net radio ubiquitous, satellite radio is toast.

> Girl Talk releases their new album Radiohead "pay what you want" style. $10 gets you the CD. (Illegal Art)

> Live Nation Chairmen Michael Cohl is reportedly negotiating an exit over strategy and his expensive 360 deals. (FT)

> Members of Poison are suing Capital/EMI saying they consistently underpaid them throughout their career. (AP)  I guess the hair spray sponsorship ran out…

> A leak of 9 unfinished track from Guns & Roses "Chinese Democracy" is causing a stir across the net.  Here’s where is started: Antiquiet.

STAY TUNED: Don’t forget that Hypebot now posts throughout the day as industry news breaks. Check back often and send us your news tips and rumors.