• Two Michael Jackson fans, James Marks and Jamie McCormick, are accused of stealing unreleased music off of the late star’s personal computers.

  • The iPad (it’s not called the iPad 3 or the iPad HD, just iPad—like Madonna!) was announced on Wednesday. It has a faster processor, better graphics, dictation software and 4G. The new iPad will be available March 16, but you can pre-order it today—if you’ve got $499, $599 or $699 to spare.

  • In this next chapter of Google’s quest to compete with Amazon, Google has launched Google Play, a marketplace where you can buy Android apps, books, music and movies. It’s basically a rebranding of the Android Market.

  • Pandora’s shares plunged more than 24 percent this quarter. Analysts say it’s because there’s “no profitability track record and no near-term profitable outlook.” Aka Spotify exists now. Apple stock slipped too.

  • In weird industry news, EMI has licensed “the world’s first dedicated rollercoaster soundtrack.” The track is for the world’s first “winged rollercoaster” in Thorpe Park in the U.K.

  • HEALTH is recording the score for the Max Payne 3 video game.

  • Vevo and MTV have finally reconciled after a year-long feud over the rights of Universal Music Group’s Web videos. You can now see Vevo videos on the MTV website. Facebook also wants to sign a deal with Vevo that would take the music video company off of YouTube and onto Facebook.

  • Songza has launched an interface called Concierge that chooses music for you based on what you’re doing. Themes include “Working Or Studying (No Lyrics)” or “Taking The Day Off.”

  • Peter Gabriel has asked Rush Limbaugh to take his music off of Limbaugh’s radio program. Apparently a Peter Gabriel track was playing in the background when Limbaugh made his infamous “slut” remarks of late.

  • AT&T just released new data limits. Does it affect your mobile usage? Well, do you listen to more than 35 hours of music a month on your walk to work? Then maybe! That’s a lot though. People don’t expect it to be a big deal.

    Industry Wrap is a weekly CMJ column covering industry-related music news. Send tips to Kate Shapiro at kshapiro [AT] cmj [DOT] com.