Hypebot’s New Music Business Briefing For Monday October 23rd, 2006

– More specific iPhone rumors surface. If they are half true the device seems pretty amazing. (NoHeat)

– Neil Young is remixing his recent "Living With War" for a Nov 7th iTunes re-release and then adding videos for a physical re-launch Dec, 17th, (Billboard)

– Music heavy conference Digital Hollywood starts today. (DH) We’ll do our best to keep you posted and would love to hear from attendees.

– The New York Times says that a lot of Rap’s strength comes from localism.(more) Remember when a lot of music used to start and grow in the hinderlands?

– New York Magazine grabs some great industry and celebrity quotes on the demise of Tower Records like this one from Moby, "…post-CD-burning and downloading, you’d go into Tower on a Saturday and see a few forlorn employees and tumbleweeds blowing by the dust-covered CDs. Sad." (NY Mag)