Hypebot: DRM-Free @ Amazon, Sony Nixes Connect Music, Looney Tunes Burns, EMI Shakeup, Speakerheart CEO, DRM-Free Indies?, One Digital

Music industry news from Hypebot:

Amazon will finally launch its DRM-free download store in mid-September.

Sony announced it will shut down its Connect Music store and adopt Microsoft's DRM platform with future players.

Legendary Long Island, NY indie music store Looney Tunes was destroyed in a fire, but the owners promise to rebuild.

EMI Chairmen Eric Nicoli is out as investment firm Terra Firma completes taking the major label group private again. The fate of other EMI execs as staffers remains in doubt.

Hypebot has an exclusive interview with the CEO of Speakerheart whose service enables direct downloads from web sites and blogs by indie and D.I.Y. artists.

As more and more download services add DRM free music, Hypebot asks where are the millions of tracks from indie labels?

Digital music distributor INgrooves' One Digital has added film and video.

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