Music industry news from Hypebot:

The Michael Jackson Effect: an unprecedented spike in sales, concert promoter AEG discusses the cancellation and a commentary "The Music Industry, Michael Jackson & The Zombieconomy"

Sony invested in digital distributor IODA

Pirate Bay was sold to Global Gaming Factory and is launching The Video Bay

Pandora is forcing $29.95 payments from indie bands. Founder Tim Westergren responded to the controversy and others are sharing their opinions in a poll.

ReverbNation Survey: How is the Economic Downturn Affecting Artists?

The Hype Machine blog outed artists for chart manipulation

Music analytics firm Band Metrics expanded its private beta

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Can what's cool and uncool be rated?

Essay: The Bullet That Works Best Hasn't Changed. It's Just Changed Hands

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