Nelly Furtado launches her own record label

April 21st, 2009 LONDON - Rockers Pink Floyd are planning to take legal action against their record label EMI over pending royalty payments. The 'Another Brick In The Wall' hitmaker band will be suing the label because it miscalculated royalties owed to them from their back catalogue, reports The Daily Star.

April 13th, 2009 LONDON - Media mogul Simon Cowell is reportedly planning to step down as the judge of American Idol, in a bid to relieve himself from his exhausting work schedule. Cowell, who also judges Britain's Got Talent and The X Factor, flies four times a week to keep up with his hectic work agenda.

April 9th, 2009 LONDON - Island Records founder Chris Blackwell, who introduced the world to Bob Marley and U2, has received a special honour at the Music Week magazine awards in London. He has been named the most influential figure in the last 50 years of the British music industry.

April 9th, 2009 LONDON - Singer Solange Knowles has reportedly been dumped by her record label, following the poor sales of her latest album. The label bosses have refused to renew the contract of the 22-year-old sister of Beyonce Knowles.

April 8th, 2009 WASHINGTON - American singer Jessica Simpson and her country music label Sony Nashville have reportedly parted ways, after her album 'Do You Know' sold less than 20,000 copies.ven information on Jessica, including her artist bio and page, is no longer available on Columbia Nashville or Sony Nashville Web sites. It has also been reported that Joe Galante, the head of Sony BMG Nashville, was tired of Simpson forgetting her lyrics and crying on stage during her tour with Rascal Flatts.

April 6th, 2009 LONDON - Victoria Beckham has had too much of her image as pouting Posh, and she now wants to get rid of her "miserable" tag, so that her fashion label doesn't get affected. The former 'Spice Girls' star has claimed that her snobbish image could foil her bid for fashion stardom.

April 2nd, 2009 WASHINGTON - Former R and B girl group Destiny's Child may come together to record one last album. The multiple Grammy-winning band, comprising of lead singer Beyoncé Knowles alongside Kelly Rowland and Michelle Williams, reportedly owed their music label a final album.

April 1st, 2009 WASHINGTON - Pop star Kelly Rowland has confirmed that she has split from Columbia records. While reports suggest that Rowland was dropped by her record label, she insists that it was a mutual decision.

March 31st, 2009 WASHINGTON - Simon Cowell is planning to cut down on his reality shows, as he has started to find his gruelling work schedules "too exhausting". The 'American Idol' boss works for months, and sometimes years, on the show.

March 30th, 2009 WASHINGTON - Pop star Kelly Rowland has been dropped by her record label just two months after she fired her manager and former bandmate Beyonce Knowles' father, Mathew. Although Kelly's first two solo albums were major hits, the record label dropped her insisting that she was "no longer commercially viable".

March 27th, 2009 LONDON -Hollywood actress Gwyneth Paltrow has teamed up with designers at French fashion label ZOEtee to create a new vintage clothing line. ZOEtee's Loves Gwyneth will be unveiled before fashion editors in London next week, contactmusic.com reported.

March 26th, 2009 NEW DELHI - Entertainment conglomerate Yash Raj Films (YRF) is not shutting down its music label and overseas distribution network. YRF vice president (marketing and communications) Rafiq Gangjee said: 'It is unfortunate that there are unfounded rumours going around for sometime that the Yash Raj Films' music division and our international operations are shutting down.

March 26th, 2009 WASHINGTON - Pop singer Ashanti was left embarrassed when her dress split and exposed her bare bottom at a posh red carpet event. The 28-year-old star anxiously hid her naked butt while her dresser rushed to stitch up the slit.

March 26th, 2009 WASHINGTON - Singer Ashanti revealed that she would be walking down the aisle with her beau Nelly this year itself. When asked about her marriage plans, Ashanti was quick to publicly declare that she would marry her beau soon.

March 19th, 2009 WASHINGTON - Madonna is working on the last album in her contract with record label Warner Bros., and it will again be a compilation of her hits. The 'Material Girl' will reportedly record new songs this summer, which will be meant specifically for the forthcoming release.