Hypebot publishes a morning roundup of music industry news every weekday morning prior to 11AM ET and when warranted will add a PM Update edition around 4:30PM ET.

• AllMusic, the database that provides bios and other info for iTunes, Pandora, Spotify and almost every other digital music store appears to be getting a big makeover  as owner Rovi opens a combined music, firm and tv service and destination AllRovi.com.
• Former Sony SVP J.J. Rosen joins musician networking an opportunities site Indaba Music as CEO and Queen Latifah has made a "siginfigant" investment becoming co-board chair.
• Live Nation's quarterly losses widen from $30M to $89M. (WSJ)

MORE:

• WMG got at least 10 serious bids to buy all or parts of the company. (Bloomberg)
• Google Music Service Nowhere Near Ready. (TMV)
• The Telecaster: Still Wailing At 60. (NPR)
• Radio for the YouTube Era? Meet Broadcastr. (NYT) 
• Sony Music Wants YOU: To Help Create Michael Jackson's New Video. (Mashable) 
• Celebrity Endorsements Help Boost Sales Of Stereo Headphones. (MI2N)
• 14 Artists Who Launched Their Own Labels. (Paste)