Hypebot’s New Music Industry Briefing For Thursday August 24th, 2006

– Strict security measures at UK airports are having a "devastating impact" on musicians, says the Musicians’ Union. (BBC)

– The Motley Fool on the Tower bankruptcy with a touch of humor. (Motley Fool)

– Dell has exited the volatile and Apple dominated portable mp3 player market. (MarketWatch)

– Apple agreed to pay Creative $100 million for the use of a key piece of iPod technology settling a lawsuit. (San Jose Mercury News)

– German start-up SellABand has a unique take on artists development with financing to record and promote a new act’s product coming in $10 per fan financing. (SellABand)

– Russ Solomon the founder of Tower is considering a bid to buy the stores back out of bankruptcy. (Sacramento Biz Journal)

– Check out our exclusive interview with Future of Music co-author and Songspot founder Gerd Leonhard. (Hypebot)