The scoop on MGMT’s unlikely new album inspirations and a massive proposed merger in the concert industry after the jump, but first…

Good Charlotte have spent two months in the studio working on an album they’re throwing out.

Singer Benji Madden writes on the band’s Web site he heard the rough cuts of the album and felt they weren’t right. (more…)

The scoop on the 2010 Coachella Festival and a new Pumpkins’ song after the jump, but first…

Linkin Park, Alanis Morissette and the Dave Matthews Band are among the artists donating unreleased music to help victims of the Haiti earthquake.

They have created “Download To Donate For Haiti,” a collection of songs to raise money for Linkin Park’s charity, Music For Relief, as well as Dave Matthews BAMA, Habitat for Humanity and the U-N Foundation’s Central Emergency Response Fund. (more…)

The scoop on MGMT’s new album and another classic rock legend, who DIDN’T make it into Them Crooken Vultures, after the jump, but first…

The Killers are to go on hiatus following their gig in Melbourne, Australia on Feb. 21, guitarist Dave Keuning says.

“I’m not sure if people are aware of it, but these are probably our last shows for a while,” Keuning told the Associated Press. “Unless some surprise thing comes up… we’re having a break. (more…)

The scoop on U2′s 2009 tour domination, and a Bowie tribute album, after the jump, but first…

Last month John Frusciante confirmed he’s no longer a member of the Red Hot Chili Peppers. Now Josh Klinghoffer, who previously toured with the Peppers and was rumored to be Frusciante’s replacement, has revealed that he has officially joined the band, Music Radar reports. No official announcement has yet been made via the Peppers’ reps. (more…)

The scoop on alternative Grammy nominations and Norah Jones alt-ty collaborations after the jump, but first…

Billboard reports that the Arcade Fire have nearly finished recording their as-yet-untitled new disc, and that it’s expected in stores in May.

They are also reportedly releasing a single earlier in 2010, which means Arcade Fire-starved fans might be satiated sooner rather than later. (more…)

The scoop on MGMT’s new album and how the U.K. is honoring classic albums from the Clash, Coldplay and more, after the jump…but first…

True to his word, the in-progress, psychedelic-leaning Smashing Pumpkins album, Teargarden by Kaleidyscope, will be released one track at a time, as free downloads, starting in late October. “No strings attached, no e-mail address need be given, no fees, nothing, totally free,” he says. (more…)

The scoop on MGMT’s now settled beef with France, and Linkin Park’s role in the new Tranformers movie after the jump…but first…

Ben Folds is rejoicing that people with great voices finally are singing his songs.

Folds recorded college a capella groups singing his music for a release out today called “Ben Folds Presents: University A Capella.” (more…)

Green Day has greenlighted a stage version of its album “American Idiot.”

The show will include every song from the album, as well as several new songs.

The show will follow working-class characters as they seek redemption in a world filled with frustration.

(more…)