Hypebot’s New Music Business Briefing For Wednesday November 1st, 2006

– The Department Of Justice has approved concert giant Live Nation’s purchase of House Of Blues (Pollstar)

– With the EU unlikely to agree to a merger with WMG or almost anyone else EMI is reportedly thinking about buying back shares and going private. (Independent via Coolfer)

– Under a new agreement Orchard distributed labels will be able to use their MySpace pages as digital storefronts with SNOCAP providing a secure commerce environment through its Digital Registry and The Orchard providing royalty administration, accounting, and payment services. Snocap has also just inked similar MySpace distribution deals with CD Baby and Redeye Distribution.

– LA public radio station KCRW says their audience size is exploding thanks to online streaming and podcasting.  (WSJ via R.A.I.N)

Nissan and Yahoo! Music partner on a new online live concert destination Live Sets.