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 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 
(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
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Lily Allen was discovered on MySpace? I’d read that Hollywood Reporter article if the site wasn’t currently down, but that seems like a big stretch of the truth. She has been big on the Internet for quite a while, and just released an album on EMI/Parlophone. She’s had the kind of press that comes with an artist who has hired a publicist. People on both sides of the Atlantic don’t just hype up too many DIY artists. I’m not saying she had a publicist, but it would make sense.