12 Year old Greyson Michael Chance who took the world by storm last week with his cover of Lady Gaga’s Paparazzi just signed with Interscope Records. His performance which can been seen on YouTube has attracted 12 million+ views in just a couple of days. The lesson to be learned? Because of the internet, anything is possible.

Sixth-grader Greyson Michael Chance has captured more than 1 million views on YouTube with his cover of Lady Gaga’s “Paparazzi, securing a spot on Ellen DeGeneres. A Facebook site called
We Are Your Fans , had more than 2,500 members and was growing by 100 people an hour. This kid is a creative genius because he turned a song that wasn’t his and made it into a whole new creation. As the teacher said “In my opinion, he just taught Lady Gaga a lesson”.

A group of American soldiers stationed at a military base in Afghanistan star in a lip-synced version of Lady Gaga’s hit “Telephone”. The video which began to spread online yesterday, can be viewed here. The video was the brainchild of Aaron Melcher, a soldier who graduated in 2004 from North Carolina’s Gramercy Christian School. After the video hit 5,000 views, a soldier who starred in the video posted a update on his Facebook wall: “5,000 views…I’m going to be Famous!!!”

Oddly enough, Runner Runner, featured in our Crystal Ball column has signed with start up label Clear Entertainment Music, funded by late-night talk show host David Letterman. Their debut album will be released this summer. The first single ‘So Obvious’ can be heard on myspace and falls between Jimmy Eat World and All Time Low. Contact: jrecor@gmail.com

The music business is a business of exceptions and certainly unpredictable. Would you ever guess that the 47 year old singer Susan Boyle would propel Simon Cowell to the 11th in the list of top British music millionaires?

Sunday Times Rich List Music Millionaires 2010 (Britain only)

1. Edgar Bronfman and family (1.64 billion pounds)
2. Clive Calder (1.3 billion pounds)
3. Andrew Lloyd-Webber (700 million pounds)
4. Cameron Mackintosh (635 million pounds)
5. Paul McCartney (475 million pounds)
6. Simon Fuller (350 million pounds)
7. Mick Jagger (190 million pounds)
8. Elton John (185 million pounds)
9. Sting (180 million pounds)
10. Keith Richards (175 million pounds)
11. Simon Cowell (165 million pounds)
12. Olivia and Dhani Harrison (160 million pounds)
13. Jamie Palumbo (150 million pounds)
14. David and Victoria Beckham (145 million pounds)
15. Tim Rice (140 million pounds)
15. Ringo Starr (140 million pounds)
17. Tom Jones (135 million pounds)
18. Eric Clapton (125 million pounds)
19. Roger Ames (120 million pounds)
20. Barry and Robin Gibb (110 million pounds)