“Virgin Megastores announced today that it will mark the closing of its iconic Times Square store with the biggest sale in music retail history. The staff at the Times Square Virgin Megastore has been working around the clock to prepare for this major event, which will begin February 19, 2009.”

“This sale will give our loyal shoppers one last chance to browse the world’s largest music store,” said Simon Wright, CEO, Virgin Entertainment Group. “We’ll be offering discount prices on items that might be difficult to find in the days to come, and we hope our customers have a lot of fun shopping this final sale.”

Nothing lasts forever……..

Here is a list of the top 50 global selling albums of 2008. (Music Week)

1 Coldplay Viva La Vida Or Death And All His Friends EMI Music

2 AC/DC Black Ice Sony Music

3 Various Artists Mamma Mia! The Movie Soundtrack Universal Music

4 Duffy Rockferry Universal Music

5 Metallica Death Magnetic Warner Music/Universal Music CONTINUE READING

KOAR favorite Shawn Fisher and the Jukebox Gypsies just signed to EMI Music Publishing. It didn’t take long for EMI to jump on board after hearing the killer tracks Out of Control and Wandering. Fisher was featured in our July 08 Soundcheck column and is available for a recording agreement. For fans of Sublime and Kid Rock.

For more information contact danielrfriedman@aol.com

KOAR favorite Michigan indie act Exit The Ordinary will self release their record today via Clear Glass Recordings. Best Buy will distribute their record in the Northeast region. Signed a licensing deal with MTV. Launching a national college radio campaign in early March and will release music video for the track ‘Letting Go’.

Our favorite tracks are Fly Away and Letting Go

For more information contact twmail@me.com

Sirius XM Radio could file for bankruptcy as early as Tuesday.