Van Halen Tour Canceled?
(TMZ) Sources tell TMZ the Van Halen tour has just been canceled! We're told arrangements are being made right now to cancel hotel stays for the tour -- which was scheduled to continue through April 19th. Sources tell us the reason for the cancellation is Eddie -- that he is having "issues." The last three shows had already been canceled.
There have been reports that Eddie was out of it during concerts -- and video of recent performances in which his guitar playing was atrocious. - more on this story
Wal-Mart Want To Slash CD Prices?
. (Reuters) The major music companies have been resistant to lowering their price on CDs, but now they may be dragged to that point: Wal-Mart, the largest retailer of music with an estimated 22 percent market share, has proposed a five-tiered pricing scheme that would allow the discounter to sell albums at even lower prices and require the labels to bear more of the costs. According to sources, the Wal-Mart proposal would allow for a promotional program that could comprise the top 15 to 20 hottest titles, each at $10.
The rest of the pricing structure, according to several music executives who spoke with Billboard, would have hits and current titles retailing for $12, top catalog at $9, midline catalog at $7 and budget product at $5. - more on this story
According to the Rock and Roll Hall of Fame, Iggy & The Stooges will perform for Madonna at this year’s induction ceremony. The choice of the Stooges may raise some eyebrows, but isn’t as strange as it seems: both the band and Madonna are Detroit natives, and Iggy Pop opened for Madonna at the Dublin date for her Reinvention Tour in 2004. Other performers scheduled at the induction ceremony, which takes place next Monday, March 10th, at New York’s Waldorf-Astoria Hotel: Damien Rice (for Leonard Cohen); James Cotton (for Little Walter); Patti LaBelle (for Gamble & Huff); plus John Mellencamp and the Ventures, both of whom are being inducted.