The IRS has served notice that the estate of Michael Jackson severely understated worth and income and is demanding $700 million in back taxes and penalties.

Eddie Vedder shed Pearl Jam and stayed back in Australia after Big Day Out for his own solo tour.

Megadeth have pulled out of Soundwave blaming the speeding of false information about Dave Mustaine’s relationship with Jason Newsted as the reason for the withdrawal. However, promoter AJ Maddah has a different view of the situation.

Bruce Springsteen channelled the hometown sounds of Perth last night when he opened his third Australian show with AC/DC’s ‘Highway To Hell’.

Simon Cowell's American X Factor has been terminated.

MKTO has topped the ARIA Australian album chart.

A Great Big World featuring Christina Aguilera has replaced Pharrell Williams 'Happy' at the top of the ARIA singles chart.

Former Metallica bass player Jason Newsted is heading to a St Kilda pub. Newsted will perform with his band Newsted at The Espy St Kilda with Testament also on the bill.

The Dead Daisies played their first Australian shows in Adelaide on Thursday and shared new music for the first time with the audience.

Bruce Springsteen was true to form for his second Perth concert on Friday night. Once again the E Street Band performed a totally unique set peppered with rarities.

Queen is gearing up for a whole tour with former American Idol Adam Lambert set to re-join the band as lead singer.

Big Day Out promoter AJ Maddah has confirmed that the Australian music festival will face massive losses from the 2014 event but the show isn’t over yet.

Elton John's Rocket Pictures will produce and release an animated version of Andrew Lloyd Webber and Tim Rice's second musical, Joseph and the Amazing Technicolor Dreamcoat.

Donovan Leith will be inducted into the Songwriters Hall of Fame, according to Howard Stern.

Robert Vineberg, aka Robert Aaron, is one of four people arrested on Tuesday in the investigation into Philip Seymour Hoffman's death.

Steve Perry recently told The Pulse of Radio that he is working on reuniting with his former band Journey but management for the band say it's not going to happen.

Cher is blaming Warner Music because he recent album 'Closer To The Truth' flopped even though in reality it did pretty good.

Abba and Roxette were the two obvious names to enter the very first Sweden Music Hall Of Fame.

Yarra City Council has launched a fund for local artists and arts organisations to help meet the cost of operating within the city.

Bluesfest has added another 12 acts including Garland Jeffreys and Backsliders and the Juke Joint stage is coming back as well.

Jarvis Cocker will deliver an address at the SXSW music conference in Austin, Texas in March.

Lisa Marie Presley will return to Australia in March for her first down under shows in eight years.

Meat Puppets will head to Australia in May for the first time in over 20 years to play Melbourne’s CherryRock014.

David Crosby's 'Croz' album has given the music legend his best debut in 43 years. However, the news is not so bright for Bruce Springsteen.

U2's new song Invisible raised more than $3 million for (RED) in 36 hours, by being downloaded free by over 3 million people around the world.

Neil Young & Crazy Horse will perform their first ever show in Iceland on July 7, 2014.

Eurythmics has released a preview of their version of The Beatles classic ‘Fool On The Hill’.

New Releases for week commencing Friday 7th February, 2014 (unless otherwise noted below)

MKTO look like having a number one debut album in Australia over this weekend while Pharrell could be struggling to keep the top of the singles chart with Christina Aguilera giving him competition.

Bruce Springsteen & The E Street Band have touched down on Australian soil and played their first Aussie show in Perth, Western Australia on Wednesday night.