Music industry news from Hypebot:

Warner Music Group announced that Michael Nash will be promoted to Executive Vice President, Digital Strategy and Business Development, succeeding WMG CEO Edgar Bronfman’s brother-in-law Alejandro (Alex) Zubillaga.

Mobile music is on track to reach $17.5 billion in sales despite a decline in ringtones.

Top indie artists and labels are embracing AmieStreet’s fan sets the price model.

iTunes has made a questionable claim to being the #2 music retailer in the US.

Last.fm posted strong growth spurred by addition of free on demand music and launched a showcase for its outside applications and widgets called Build Last.fm.

Facebook has added easy to set up Music and Film launch pages.

AD SUPPORTED MUSIC DEBATE: Last week guest commentator Bill Houghton wrote that ad supported music was not sustainable.  Marc Cohen who works in ad supported music disagreed in a guest rebuttal. Now Bill Houghton is back with another commentary that an ad supported MySpace Music is doomed before it launches. Join the debate.

PiraBoogle proves torrent search ease.

Free Jobs Posting: Beggars Group needs a NYC based IT wiz.

VIDEOS: Highlights from the MIDEM Free Music Panel, an interview with Andrew Dubber of New Music Strategies, R.I.P. Dave Clark Five lead singer Mike Smith, farewell to Hendrix drummer Buddy Miles

On OurDigitalMusic: Why Amazon Is Officially The Best Place To Buy Downloads, 10 One Hit Wonders That Drive Me Crazy and The Eagles & Moody Blues to perform at grand opening of the first Hard Rock Cafe Theme Park.

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