Trent Reznor to work on new Nine Inch Nails music this year. [via Billboard]

Coachella sells out in three (!) hours. [via ConsequenceOfSound]

Beyonce now has a fly named after her. [via Prefix]

Rap lines that make no sense: the Rick Ross edition. [via RefinedHype]

Bob Dylan serenades Martin Scorcese at the Critics' Choice Awards. [via TwentyFourBit]

MTV VJs are working on their own oral history of the network. [via Yahoo!]

Twelve artists to watch in 2012, including Gotye, Polica, and Doomtree. [via Spinner]