We're off. Thanks for joining us today.

Scroll down to find out details and reaction to Ed Sheeran's much-teased new album and to see Stevie Wonder serenade the outgoing First Lady. You might need a tissue for that one.

Do come back tomorrow, same place same time and we'll have some brand new music for you and we'll tell you 5 Things We've Learned This Week on Music News LIVE. We'll give you that for nowt.

Before we go today, it's Throwback Thursday. So for no real reason at all here's one from March 2007, when bonkers Canadian outfit Arcade Fire played a gig in a lift (they'd probably call it an elevator) and then in the middle of the crowd inside the Olympia in Paris.

Au Revoir

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Former Watford chairman Sir Elton John host posted a touching tribute of ex manager Graham Taylor, who was died aged 72.

The rockstar, who worked closely with Taylor during their time together at Vicarage Road said: "I am deeply saddened and shocked to hear about Graham's passing. He was like a brother to me. I love you Graham. I will miss you very much."

BBC Arts

Image source, Photo by Mark and Colleen Hayward/Getty Images.

Not XL, not Warp, not even Motown but, according to the bods over at BBC Arts, Elektra Records.

It was home to The Doors, The Stooges, MC5 and Tim Buckley, so they may have a point.

Founded by Jac Holzman in 1951, the first album on Elektra Records was by an unknown soprano.

The last act he signed was Queen. 

Here are ten reasons why it stakes its claim as the hippest of all the indies.

Image source, AP

Ever since he tweeted the picture of the Obelus (that's a ÷ non maths folks), it's been a pretty open secret that Ed Sheeran was about to release his third album.

Well...after the double bonanza of two tracks last week, we now have a date for the album and it's 3 March.

Ed fans have reacted in their suitably understated way.

NME

Image source, Getty Images

Albert Hammond Jr, the curly haired axe wizard from NY rockers The Strokes has made his acting debut in a new film that's headed for the Sundance Film festival.

Hammond revealed on a Facebook post that he had a small role in Newness, which stars Nicholas Hoult, Danny Huston and Bafta Rising star nominee Laia Costa.

"My name in lights. So excited to see this movie at Sundance," he wrote.

"I had a little role but it was a lifetime experience with amazing people. Too much!"

Don't be so modest Albert. You're gonna be huge...Someday.

BBC Radio 1

"You've heard of Glastonbury Festival" says Huw.

"You've heard of Reading and Leeds...but you've probably never heard or Eurosonic!"

Well now you have. And not only that but you can listen to the Radio 1 DJ live from the Dutch festival, featuring a live performance from Scottish spoken-word pop artist Be Charlotte and future tips galore from festival bookers, journos and DJs from around Europe.

EU'd be mad to miss it.

Image source, Getty Images

She's been US President Barack Obama's rock for the last eight years in office (and the 17 years prior) but last night Michelle Obama was being wooed by another man... none other than Stevie Wonder.

The Motown legend changed the words of his 1969 classic My Cherie Amour to My Michelle Amour to honour the outgoing First Lady, during a performance on The Tonight Show with Jimmy Fallon.

Go from 1:10 in on the video below, as Stevie declares: "So I must tell you MIchelle, I wrote this song but I've kind've changed the words a little bit.

"If I don't get it right fire me!"

He then launches into the alternative chorus:

Awe. Isn't he lovely?

Stevie then signs off with the words: “I love you Michelle, and your husband”.

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Image source, Tony Booth

A British artist who created some of the earliest posters advertising The Beatles playing gigs in Liverpool in the 1960s has died aged 83.

Tony Booth, from Moreton on the Wirral died of cancer, his son Lee Booth said.

In recent years, Mr Booth made replicas of the posters for fans and had written a book about them which his son hopes will be "part of his legacy".

Read more

Image source, Getty Images

Laura Marling has shared the sparse lyric video for hew gorgeous new track Wild Fire.

The song is taken from her forthcoming new album Semper Femina which is due out this year.

The singer was recently interview for Radio 4's Master Tapes series, which you can still listen to on iPlayer.

Financial Times

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Now hands up if you received a record player off Santa Claus last year?

Well, financial experts seem in two minds about whether or not the current craze for suddenly buying vinyl again will continue or not.

Deloitte are predicting record industry sales will break through the one billion US dollar mark this year for the first time this century and that vinyl sales will grow at a double-digit rate for a seventh consecutive year.

Paul Lee from Deloitte explains: "The ubiquity of music streaming services means that music has never been more accessible, portable and readily available for the consumer.

"Yet, despite that, consumers are choosing to buy something tangible and nostalgic and at a price point that provides record companies with significant revenues." 

Image source, Getty Images

Around 40 million new vinyl records are expected to be sold this year, pulling in 800 million to 900 million dollars, with the rest of the $1b being made up by sales of record players and accessories.

However, The Financial Times report that interest could actually peak this year, "as the hipsters that helped to revive a once defunct format move on." 

They quote Mr Lee as saying: “In 1981, over 1bn albums were sold. In 2017 it will be around 40m. This is not the resurgence that is portrayed. It is a blip.

"My gut feeling is that it could peak this year."

He added: "Music's future, both from a revenue and consumption perspective, is all about digital, and this is where the brunt of the industry's focus should be."

So that's about as clear as the dust collecting on your old Northern Soul collection.

Image source, Getty Images

Earlier this week, we got to marvel over Emma Watson's singing prowess in the new live action remake of the Disney classic Beauty and the Beast.

Now, we can tell you that Ariana Grande and John Legend are set to perform the title song for the end credits.

Performed by Celine Dion and Peabo Bryson, external and written by eight-time Oscar-winning composer Alan Menken and two-time Oscar-winner Howard Ashman, it won a Grammy and best song at the Oscars in 1991.

A music video will be directed by Dave Meyers who has worked with artists like P!nk, Janet Jackson, Ice Cube and Britney Spears.

John tweeted this earlier. That's his happy face.

Image source, Getty Images

Well he's been teasing us all since his return to social media a few weeks back, with cryptic colours, mathematical signs and post-it notes.

Now Ed Sheeran has confirmed that his record Divide will be out on 3 March.

It contains the track Castle on the Hill which got Ed in trouble with Suffolk police because of its boy-racer style lyrics.

Image source, Getty Images

A music video by US rapper Pitbull to promote the US state of Florida has ended up costing the taxpayer-funded tourism chief his job after it was revealed Pitbull was paid $1m for the gig.

The rapper's video for Sexy Beaches (see what he did there? Clever...) is filled with swimsuit-clad women frolicking in the surf and has had more than 11m views on YouTube.

Chief exec Will Seccombe was asked by Florida Governor Rick Scott to step down over a furious debate about the use of taxpayer dollars to promote tourism. 

Mr Seccombe has reportedly agreed to a severance deal.

Pitbull, 35, whose real name is Armando Perez, hails from the US state and performed a televised New Year show from there.

Practice son. Practice.

Luckily we have just the person to answer that question in slightly more depth than us.

That's after the Today programme caught up with the music teacher who prepared the Gos-mesiter to play piano on screen.

The much lauded Golden Globe winning musical is released in the UK tomorrow and stars Ryan as a struggling jazz musician trying to make it in modern day LA.

Take it away guys...

Grammy winner Richard Carpenter who, with his sister Karen, has sold millions of records worldwide is taking legal action against Universal Music Group over royalties.

He claims he is owed more than $2m from the label for licensing Carpenters' songs such as Close to You for online services such as Apple's iTunes.

He has also filed on behalf of the estate of his sister who died in 1983. 

The Carpenters won three Grammys in 1970 and 1971.

"The Carpenters recordings are among the best sellers in the history of popular music and after 48 years continue to contribute a substantial amount to UMG/A&M's annual bottom line", he wrote in a statement. 

His action follows a 2010 US court ruling that artists should receive substantially higher royalty payments for digital downloads of their music than for sales of physical recordings.

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Today is your last chance to register to see some of the hottest new acts of 2017 performing at the BBC’s legendary Maida Vale Studios.

Radio 1’s Future Festival takes place on the evening of Tuesday 17 January and will feature performances from Sound of 2017 listed The Amazons, Dave, Declan McKenna, Jorja Smith and Nadia Rose, as well as the hotly-tipped Alma, The Big Moon and THEY.

You can see what Jorja and Nadia have to offer in the Sound of top 5 video below.

The BBC has got 55 pairs of tickets up for grabs for this cool event but registration closes at 20:00 GMT tonight.

So if you're 18 or over and have your finger on the new musical pulse, then what are you waiting for?

Read more.

BBC Newsbeat

Image source, Sky Arts

Michael Jackson's daughter Paris says she's "incredibly offended" by the first images of a white British actor as her father in a TV film.

Joseph Fiennes, who's appeared in films like Shakespeare in Love and Elizabeth, said he was shocked to be given the part last year.

But writing on Twitter, 18-year-old Paris said a trailer showing what he looked like, external made her "want to vomit".

Read more.

...on the record of life for another day. Let's give it another spin shall we?

To stop you playing it at the wrong speed, we'll keep you on track with another day of Music News LIVE including Grammy winner Richard Carpenter suing Universal Music Group for millions worth of royalties, and new music from Laura Marling.

Plus we'll tell you how Ryan Gosling learned piano in just three months for the Bafta nominated and golden Globe-winning La La Land.

For now, dig out yesterday's MNL to see Beyonce grill her sister (not literally), US music stars saying a tearful farewell to outgoing President Barack Obama and the Trainspotting 2 soundtrack gets 'leaked' online.

Or does it?