Hypebot’s Music Industry QuickNews For Tuesday April 18, 2006

– MTV is expanding Discover & Download with exclusives and profiles of The Arctic Monkeys, Flyleaf, Da Backwudz, Cheyenne and Rick Ross.  The ongoing campaign will be sprinkled in various forms across MTV’s various online, broadcast, and mobile offerings.  Youth oriented Amp’d Mobile is joining in with it’s own related content. (Digital Music News)

– Coolfer pointed us to a thread on the Velvet Rope containing a purported email exchange between controversial Victory Records head Tony Brummel and Apple/iTunes’ Steve Jobs about why Victory doesn’t sell on iTunes.  Read the thread here.

– In a move that reminds us how fast they can burn cash, XM is restructuring $500 million in debt.

– Coinstar – those change counting machines you see in super markets – now allows consumers to trade their spare change in for iTunes downloads. MacWorld tests the machine.

– Beverage giants Coca-Cola and Bacardi have launched separate marketing campaigns that use digital music via downloads and online broadcasting to connect with consumers. (Billboard)