Another week, another state of affairs. We look at The Basement putting itself up on the market. Who in Australia's music industry got a Queen's Birthday Honour? And Channel [V]'s ongoing search for a new host continues with more eliminations than a reality TV show on crack.

APRA & AMCOS: strong figures for 2010 - 2011 financial year; AGM election results announced

Music creator societies, APRA & AMCOS, announced a combined record revenue of $240 million (up by 8%) for the year ended 30 June 2011.