Here’s all the music industry news you need to know today.

Unisounds – a new $100,000 student music prize and mentorship program – launches – via Hub Artist Services

Gorillaz‘s new AR app is the band’s latest attempt to try all the tech gimmicks – via The Verge

A federal court in Virginia has granted Megaupload‘s request to place the cases filed by the RIAA and MPAA on hold for another six months – via TF

Bare Bones Release New Single, Sign To Resist Records & Announce New LP – via Deathproof

A long-running legal dispute over alleged sampling on Madonna‘s Vogue now has producer Robert ‘Shep’ Pettibone in court alleging that Warner Music is wrongfully withholding royalties from the 1990 hit. – via THR

The first edition of Touch Bass has officially SOLD OUT nationally – via Touch Bass

Vivendi is aiming to relaunch its video-sharing site Dailymotion in the hopes of creating a premium online destination to eventually rival YouTube. – via NYPost

Young Thug Avoids Battery Charges After Allegedly Slapping a Woman – via Complex

Jack White announces new live album from The Dead Weather – via CoS

Set Mo’s Panoramic Tour is touring 29 April through 10 June – via Set Mo

Lindsey Buckingham and Christine McVie, longtime members of Fleetwood Mac, have joined together to record their first-ever album as a duo. Simply titled Lindsey Buckingham/Christine McVie, the 10-song album will be released June 9 preorder