Pink Floyd have reportedly launched a High Court case against EMI over how online royalties are calculated.

The CBI has pledged that it will spend the next five years focusing on issues relating to the creative industries.

4AD has put together a limited 12-inch for Record Store Day 2010, showing off works in progress from several of its acts, including The Big Pink and Gang Gang Dance.

MTV has promoted Philip Bourchier O’Ferrall to SVP of digital media at MTV Networks International.

Record companies around the world invest $5bn (£3.3bn) a year in developing and marketing artists, according to a new report from the IFPI which aims to debunk the myth that artists no longer need labels.