Friday’s Music Brief

It was a busy week. The summer slow down certainly hasn't hit yet; at least on the music and digital news front. Yesterday, I had the pleasure of recording a CD Baby podcast and will let you know in a couple of weeks when its ready. Also expect big announcements from Live Nation and mSpot on Monday. – Bruce Houghton

HYPEBOT FEATURES:

• WMG To Pay 9.5% On $1.1 Billion In New Notes – plus how Edgar and Lyor can save WMG 230 million.
• More Trouble At EMI? Terra Firma Dumps In Another $45 Million
• Band Rewards Fans For Burning Their CD And Giving It Away
• Video: Two News Corp Execs Admit MySpace Must Innovate Or Die
• Audiolife Adds Warehousing To On-Demand Indie Artist Services
• A Quick Look At The New $5 Napster
• Video: Spotify's Amazing Android App

MORE MUSIC INDUSTRY NEWS:

• Europe Loosens Digital Downloading Rules While U.S. Suffers Audible Magic's Wire-Sniffing  (Fast Company)
• Jay-Z To Strike Multiple Label Deals? (FMQB)
• German Metal Label Declared Insolvent (Billboard)
• ArtistRise.com Launches Free Online Community for Concert Industry (press release)
• I  wrote about Twitter file sharing tool Filetwt.com earlier in the week. Just got word they've upgraded to better servers and launched an updated site.
• Seven million Brits are downloading illegally, claims report. (Music Ally, Register UK)
• iTunes support confirmed for Palm Pre. (Engadget)
• New Law In Korea Means Google Bans The Uploading Of Music On Any Blog. (Techdirt)