The end of Radiohead’s run of number one albums: Radiohead is not a chart-registered retailer so they will not be eligible for inclusion in the chart. This has sent shivers through the industry, with some hailing it as a breakthrough for the digital age and others predicting the end of the world as we know it.

EMI Guy Hands selecting his dream team: According to Hits the team would consist of People magazine Publisher Paul Caine, Clear Channel Communications New York SVP Programming Tom Poleman and pop producer/songwriter Billy Mann. Other sources claim People magazine publisher Paul Caine turned down Guy Hands’ offer. Musical chairs on the Titanic? I can already hear the song Amazing Grace…

Madonna Strikes 120 Million Deal: Madonna will sever her ties to Warner Bros. and sign a landmark 120 million dollar 10-year deal with Live Nation concer promoter. In return, Live Nation would be granted the rights to three studio albums as well as the right to promote concert tours, sell merchandise and license Madonna’s name.