After months of controversy Russian download store AllofMP3.com has been shut down. Since the closure of AllofMP3.com another identical site has already emerged. The Mp3Sparks.com site looks virtually identical and claims to offer thousands of albums by popular artists for around 15 US cents per song. (TimesOnline)

Which album will peak #1 on Billboard this week? Controversial Kelly Clarkson or Disney teen queen Hannah Montana. Its a close race.

The name Clive Davis is no where to be found in the liner notes on Kelly Clarkson’s My December. Regardless, play nice. Also, KOAR listened to My December. It’s ok. The first single Never Again is the strongest song on the CD, guaranteed.

Matchbox Twenty will be entering into the studio with producer Steve Lillywhite. Matchbox Twenty’s three albums to date have sold more than 28 million copies worldwide.

Warner CEO Edgar Bronfman is now the subject of an insider trading probe according to a French newspaper. Bronfman was allegedly grilled by Paris authorities for dumping significant shares of Vivendi stocks in 2002. (DMN)

Fergie is set to make £2 million by promoting a US clothing firm in her songs. Fergie has become the first star to agree to product placement in her songs, will write and perform tracks endorsing fashion company Candie’s on her second solo album. (Coolfer, Post Chronicle)