Sherlock Holmes director Guy Ritchie has launched his own record label named after the London boozer he owns, The Punchbowl. Madonna's ex husband says he is “excited” at forming Punchbowl Recordings – an offshoot of Universal - and signing his first act The Punchbowl Band. Read more >>

The Ting Tings have revealed the title of their second album - 'Kunst'. German for the word 'art', the Salford duo say the title was inspired by the name of a massage parlour near their recording studio in Berlin. Read more >>

50 Cent wants to launch a series of English style pubs in the US with help from Celebrity Big Brother star Vinnie Jones. The rapper says he wants to talk to the footballer turned actor when he leaves the reality show to discuss his business proposal. Read more >>

A Facebook campaign has been launched to get The Smiths' seminal song 'How Soon Is Now?' to number one in the UK. The fetchingly titled group - ‘The Smiths How Soon Is Now? For No1 Meat Is Murder 25th Anniversary’ - has been set up less than a month after Rage Against The Machine's 'Killing In The Name' was propelled to Christmas number one following an anti-X Factor Facebook campaign. Read more >>

Florence & The Machine and Vampire Weekend are battling for this week's number one album in the UK. First day sales figures show Vampire Weekend's 'Contra' has opened up a slight lead over this week's number two, 'Lungs', in what looks set to be a closely fought battle. Read more >>

Stone Sour have started work on their third studio album which they hope to release later in the summer. The rock outfit, featuring Slipknot's Corey Taylor and James Root, are recording the album at the Blackbird Studio in Nashville with acclaimed producer Nick Raskulinecz who they previously worked with on 2006's 'Come What(Ever) May.' Read more >>

Former Guns N' Roses guitarist Gilby Clarke suffered a broken leg in a motorcycle accident at the weekend. Close friend and TV presenter Riki Rachtman made the revelation on Twitter on Sunday, writing: “Some asshole turned in front of one of (Gilby) yesterday he was on a bike and is now in the hospital. I'm going there now.” Read more >>

Vampire Weekend have announced details of their second free show this week. With 'Contra' currently slogging it out with Florence & The Machine for the number one UK album, the band will play an outdoor gig at Somerset House in London on Thursday (January 14). Read more >>