
It's an old maxim, but we'll say it again: Digging for shiny nuggets in the endless mine of global daily news ain't easy, but somebody's gotta do it. And that somebody is THE FRIDAY PROSPECTOR. Presenting your weekly music industry news column - appearing every Friday here on the Transmission site - where one of our illustrious blog contributors brings you the stories that matter most (to him, at least) in the worldwide music industry. He's a bit surly, so if he offends your sensibilities, please, just take it in stride. And now: the news.

Steven Tyler gets $2 million for autobiography.
I
actually received an early copy of the manuscript for this one from a
publisher friend of mine. I'm telling you, the story is gripping and
absolutely stunning at every turn. {{SPOILER ALERT}} Did you
know that Steven Tyler spent the majority of his adolescent and adult
life banging strippers on backstage coffeetables, impregnating groupies
at will, all the while careening wantonly down a tropical waterfall of
cocaine, speedballs, whiskey and qualudes, only to finish off his
career releasing a series of records that completely discredited him as
a serious artist? Man, I didn't either. Total surprise. I guess,
sometimes, you really need to get it from the horse's mouth to
understand a famous person. Live and learn.

Please join us on Saturday, August 9th for the Grand Opening of Hit + Run's new studio at Little Radio:
"THE PLANT"
We've assembled our favorite crew for one night of merrymaking called "HIT RADIO". Check out dj sets by J-ROCC of the World Famous Beat Junkies, KUTMAH, THE GASLAMP KILLER, DJ NOBODY, FROSTY, THAVIUS BECK, NOMSG, MATTHEWDAVID, HAYCOCK, SAMIYAM, RAS-G, LADY SINCLAIR, TOKS and VALTRON in two different rooms . Our homies POLITE IN PUBLIC will also be in the house with their amazing photobooth fun. The first 50 people in the house will get a FREE blank shirt courtesy of Article 1, or bring your own shirt/clothes to have printed on for FREE by the HIT+RUN Crew . Choose from exclusive designs by Mike C, Ambusch, Abcnt, Cat Cult, Eli Sipsas, Restitution Press, Kutmah, Kime Buzzelli, GLK, UnMade and H+R Crew to create your very own t-shirt. Don't miss the fun!!!!!
LITTLE RADIO 1218 S. Long Beach Ave, Downtown Los Angeles, CA 90021
8pm - 2am | 21+ | $10 admission
Video for Ladytron's "Runaway" from their LP Velocifero out on Nettwerk.
Video for "Devastation" by Besnard Lakes, off their 2007 release The Besnard Lakes Are the Dark Horse (Jagjaguwar). Directed by Kara Blake.
Directed by Toben Seymour
Video for "Two Ways Out" from Darker My Love's LP 2 due out now on Dangerbird.
Directed by Andy Bruntel
Video for "Keechie" from No Age's Nouns (Sub Pop)