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Hypebot’s New Music Industry Briefing For Friday August 4th, 2006

– Retailer Tower has been put on credit hold by all of the major labels (and other news from NARM). (HITS) – Income was up and losses were down in. Continue reading [https://www.hypebot.com/hypebot/2006/08/hypebots_new_mu_3-7.html]

Tower_5

– Retailer Tower has been put on credit hold by all of the major labels (and other news from NARM). (HITS)

Income was up and losses were down in the latest WMG filings.  But the company – who paid out strong dividends recently – failed to make a profit. (press release)

– UK singer Lily Allen signs with Hollywood’s United Talent after being discovered on MySpace

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(Hollywood Reporter)

– iPod’s domination continues as it sets deals to be directly integrated into all or most GM, Ford and Mazda cars by 2007.

New CA based P2P Skyrider launches aiming at monetizing the popular platform. Details on how remain vague. (press release)

R.I.P. – Arthur Lee of Love