Hypebot’s New Music Industry Briefing For Wednesday July 26th, 2006

– Clear Channel radio and Coca Cola have partnered for a new live concert streaming series. (DMN)

– Facebook, the No. 2 online social networking site (13 million visitors to MySpace’s 52 million), will give away 10 million iTunes music samplers from the iTunes Music Store in a back to school promo. (Reuters)

– A whole industry is growing around viral video production. (Business Week)

– More analysts weigh in on Microsoft Zune as potential iPod killer. (eWeek)

– One of the last digital holdouts Metallica has added is catalog to iTunes. (Playlist)

Worthy Click:  ZuneInsider provides occassional reports from the belly of the beast.