Hypebot: Clear Channel Crime, Burnlounge, Digital Sales, Webcasters Protest, WMG Consolidates, V2 Records & We7, YouTube Global, XM & Live Earth, Ticket Woes

Music industry news from Hypebot:

Clear Channel Radio's FCC mandated indie artist program requires artists to waive all rights and royalties.

In reaction to an FTC probe, music download service Burnlounge has dropped its CEO and moved from multi-level marketing for a new affiliate approach. 

Study says digital revenue will surpass CD sales in 3 years.

Hundreds of large and small webcasters will shut down on Tuesday June 26th for a day of silence to protest pending higher royalty rates.

WMG has combined its Rykodisc and Cordless digital label. Hypebot hears that next Reprise will be folded into Warners.

V2 Records inks with Peter Gabriel's We7 free ad supported download service.

YouTube goes international with nine country specific sites.

XM grabs full Live Earth coverage.

A look at non-refundable ticket fees and how it effects fans when shows are canceled.

See ProHipHop's Hypebot Industry News category for past roundups.