• Lionel Richie sold 20,000 albums in one hour on the Home Shopping Network. Usually when artists host events on HSN, they sell around 10,000 units. Unless you’re Susan Boyle, in which case you sell 80,000 units of “I Dreamed A Dream.”

  • Last week was SXSW (aka “Hipster Spring Break”) in Austin, TX. Attendance this year was over 25,000. That’s a 227 percent increase from 2009. Organizers say the addition of the Interactive section of the festival helped to generate more interest in the massive music festival. Biggest takeaway from SXSW Interactive: Learn to code. Must we do everything?

  • Here is the full lineup as well as the schedule and ticket info for NYC’s third annual Unsound Fest.

  • A reporter asked Bono some very tough questions about tax evasion and hypocrisy. It was going to be a hard-hitting interview until the reporter found out it was a Bono impersonator.

  • On March 30, Facebook artist pages will transition into timeline. The beta results of this have sparked mass confusion. Nobody knows where to find music, watch videos and look at pictures in the new timeline format. Join the club.

  • Turntable.fm signed licensing deals with all four major labels making it completely legitimate. Unfortunately, Turntable.fm has never gotten higher monthly traffic than the month of its launch. Guess the initial buzz didn’t hold up.

  • Actor Jake Gyllenhaal stars in the music video “Time To Dance” by French electro-pop band Shoes. He kills a lot of people in it. It’ll make your lunch break more entertaining.

  • Colleen Fitzpatrick, whom you might know as Vitamin C (that insanely popular “Graduation” song in the ’90s) was named the VP Of Music at Nickelodeon. Hopefully her first act as VP will be to ban Miranda Cosgrove from ever singing again.

  • Terrence Malick is reportedly doing a movie involving Rooney Mara and Neon Indian‘s Alan Palomo. In celebration, here is a list of five hypothetical chillwave Terrence Malick films.

  • Odd Future’s concert Wednesday night at the House Of Blues in Boston was shut down by the police. Rumor has it that the show was stopped because a crew member was arrested outside of the venue. Another rumor suggests Jasper Dolphin was “restrained by security after attempting to leap from the venue’s balcony.” Oof.
     
    Industry Wrap is a weekly CMJ column covering industry-related music news. Send tips to Kate Shapiro at kshapiro [AT] cmj [DOT] com.