That one last bastion of the music industry that refuses to die – the record store – is going through a bit of a revolution of late. Whether it be record stores that have embraced open artistic ventures like Melbourne’s Polyester, whose in-store performances are widely revered more than a bands night gig at a pub, or the likes of Poison City Records in Fitzroy, who have expanded their merchandise catalogue to skateboarding gear such as boards, wheels and t-shirts, the humble record store is now far more than a place to buy music.

But of course, they still are that gateway to the heaven of actual, tangible forms of music, the sort people are willing to pay for. In celebration of the tangible, this upcoming Record Store Day (RSD) will have record stores in your town chock full of many wonderful limited tangible musical goodies that you can get your hands on.

So here’s a quick list of some of the more anticipated finds around Australia this Saturday:

The Flaming Lips are always there when you need them. They’re there when you’re pissed off, when you’re sleepy, when you’re incredibly happy and even when you don’t really know what you are. These veterans of psychedelic and space rock have got you covered. And now they’re at it again with their latest album, The Terror.

Check out this weeks album news from the likes of David Bowie, The Flaming Lips, Cloud Control, Snoop Lion and much more!

This weeks album news is filled full of exciting announcements, with release news from The Flaming Lips, The Strokes, Wavves and much, much more.

Another year, another Southbound Festival and despite predictions of the opposite, attendance was up on last year, with the vast majority of the attendees opting to camp on site for the weekends festivities. Though this years line-up may not have been at its most buzz-worthy, it was still a fine collection of acts over the two days, with just enough variety to keep everybody happy.

The third day of the Falls Festival sees bands such as Ash Grunwald, Cosmo Jarvis and Oh Mercy in the Grand Theatre and Boy and Bear, The Flaming Lips and Hot Chip on the Valley Stage. The Theatre reaches capacity for Flume later in the evening. Our photographer on the ground, John Goodridge was there to bring us some photos.

It's looking to be another excellent Falls Festival this year, with tickets for the Lorne edition selling out after being on sale for less than a day today. If you missed out on Lorne tickets, have no fear, because although Marion Bay is selling quite fast as well, there are still tickets available!

The Falls Music & Arts Festival is celebrating two milestones this year; ten years at Marion Bay, and twenty years at Lorne. Both are landmark times worth celebrating, so in particularly awesome fashion Falls have released the first few artists playing to help Australian festival goers ring in the new year.

FALLS FESTIVAL FIRST LINEUP ANNOUNCEMENT

Beach House
Best Coast
Boy & Bear
Coolio
Sampology

Another month has gone by so quickly and so much has happened in the last 30 days! What are those events exactly? Well... you’re about to find out…

1. The Rolling Stones unleash logo to commemorate their 50 year anniversary (Pictured Above)

When Wayne Coyne of The Flaming Lips was in town for Harvest last November, he stopped by the 4ZZZ studios in Brisbane to partake in a bit of an experiment... it's hard to explain exactly what happened, so maybe let's leave that to the video - in the first video in our new documentary series.

We asked our contributors to share with us their favourite festivals of 2011. We collected the votes and these were their TOP FIVE touring festivals of 2011...