Blogger Perez Hilton wants to use his “talents” to start a new record label and save the music industry. His first task will be to do whatever it takes to revive the CD. His ideas for doing so include lowering prices of CD’s to something like five dollars and creating large partnerships with worldwide companies. His main goal is to get the public to start purchasing music again. With all the easy ways to get free music and the availability of downloads I wonder if his ideas will take off?

He wants to follow in the footsteps of Apple, Inc. creating popularity for small-time bands and artists featured on their commercials, like Feist. His partnership ideas include teaming with such large corporations as Wal-Mart and Target. I’m not so sure how these corporations will feel about partnering with an obnoxious individual who got his name from socialite Paris Hilton.

For more info on Perez check out his juicy celeb rumors on his blog site: http://www.perezhilton.com

British and Sri Lankan lady rapper M.I.A. (Maya Arulpragasam) is makin’ money. Besides her recent engagement to Warner Music Group (WMG) big-wig Edgar Bronfman’s son, rocker Benjamin Brewer, she is getting paid by some notorious sponsors. M.I.A. collected $100k for performing at an MTV Movie Awards after-party and she only had to be on stage for half an hour! The party was in West Hollywood and sponsored by Converse One Star and Target.

After performing, M.I.A. jumped on top of a photo booth and told the audience how much money she’d be making. She is very politically active and told the crowd she would use the money to build schools in Liberia. She said it cost $52,000 to build a school meant for 1,000 kids. A rapper using her insane paychecks to do good, who would’ve thought?