Kelly Clarkson drops 60 percent…
Kelly Clarkson’s “My December” dropped off 60 percent in sales for its second week (116k), bringing the total to 416,000 copies. Sober recently went to radio. Will it resonate with the public? not only that, according to insiders RCA pulled Clarkson’s summer campaign off of tv and print spots and have moved on to Underwood’s much anticipated fall release.

Will Bruce Springsteen save Columbia Records?
Springsteen is planning an album release for late fall. Former Sony Music CEO Andy Lack helped Bruce land a contract worth $100 million over several years. Insiders are claiming that layoffs are continuing, with several departments in publicity and marketing gutted. (Fox)

The new Smashing Pumpkins record ‘Zeitgeist’ could sell 150k in its first week.

Union Entertainment Group who manages Nickelback has struck a deal with EMI Music to form a joint venture record label to go through Caroline Music. The first artists signed to the label include the rock bands Cinder Road and The Black Summer Crush.