Hypebot’s New Music Industry Briefing For Monday August 7th, 2006

UPDATED

– Google says its staying out of the music business for now, but touts Google Trends as a hit predictor. (Billboard)

– Apple joins the group of companies who may have used insider knowledge to time the granting of lucrative stock options to top execs and Wall Street isn’t happy. (Washington Post)

– Don’t count the old guys out:  crooner Tony Bennett turns 80 and Jerry Lee Lewis releases a new CD with the help of some high powered friends.

– P2P software company Limewire is getting sued by the major labels after months of threats. (cNet)

– Speculation swirls about a Microsoft Zune video store after a NY Post article.  But is just speculation according to semi-official ZuneInsider.

– Janet Jackson designs her EMI CD cover with fan feedback. (Design ME: Janet Jackson)

Worthy Click: Setting up you music collection to DJ at your next party. (Wired)