Hot Chip performs a set live from the Electric Factory in Philadelphia, after which band members Alexis Taylor, Al Doyle, and Owen Clarke talk to JAY Z’s Life+Times about the rise to fame, Destiny’s Child and the urge to develop fresh arrangements for their songs.

Set your DVRs. Kanye West is closing out “Saturday Night Live” with a bang. The hip-hop icon has been booked as the musical guest for the season finale. “SNL” confirmed the rumors by announcing that Yeezy will perform on the May 18 episode with host Ben Affleck. This marks his fifth time performing on the…

Michael Buble will debut at #1 on next week’s album chart with a total greater than his previous non-holiday album, Crazy Love, which opened in October 2009 with 132k. Crazy Love was released on a Friday, however, so its total represents only the first three days of sales. With Mother’s Day quickly approaching, Buble’s latest…

Lauryn Hill took to her Tumblr page to comment on recent media reports that she’d inked a new deal with Sony Music in order to help her avoid prison time for three years’ worth of missed tax returns. She wrote that she will be launching a new label through Sony to release her new music…

Selena Gomez flies 22-5 on the Social 50 chart this week, earning the singer/actress her highest rank (No. 5) since Nov. 24, 2012. The chart surge is owed in part to a performance of the track on ABC’s “Dancing With the Stars” (April 18), as well as residual buzz from its premiere performance on the…

Alabama Shakes, M83 and BOY are among the breakout indie artists of 2012 nominated for this year’s Libera Awards. A2IM, the American Association for Independent Music, recently announced the full slate of nominees, which include both artists and labels said to represent the best of the independent community. Nominees are chosen by select members of…

Music industry veteran Jimmy Iovine, chairman of Interscope-Geffen-A&M Records and co-founder of Beats Electronics, will speak at USC’s commencement ceremony May 17. The producer and label head will address more than 13,000 graduating students at the university’s Alumni Park during the ceremony. Iovine is best known for working with such artists as John Lennon, Bruce…

Michael Buble will have both the top debut and the #1 album next week. Here are this week’s key new releases: Michael Buble (Reprise) 150-175k Fantasia (RCA) 90-95k Phoenix (Glassnote) 45-50k Rob Zombie (T-Boy/UMe) 27-32k Will.i.Am (Interscope) 20-25k Snoop Lion (RCA) 18-21k Tate Stevens (RCA Nashville) 14-16k In an unrelated story, more Americans get their…