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Music legends David Crosby and Graham Nash performed at Occupy Wall Street in Zuccotti Park last Tuesday. In an interview on Thursday, the pair said they thought an album to benefit Occupy protestors was a “fantastic idea.” (Death Taxes)

And speaking of benefit albums, Songs for Japan – the compilation album released last March to benefit relief efforts for the victims of the country’s devastating earthquake and tsunami – has raised $10 million. (Music Week)

Four major record labels will soon become three. EMI has announced the sale of its recorded-music label to Universal for $1.9 billion and publishing arm to Sony for $2.2 billion. EMI, which has been having money troubles for years, has been the home of big names from The Beatles and Queen to Coldplay and Kylie Minogue. (BBC)

R.E.M. (which disbanded in September) will be releasing a two-disc, 40-song “best of” album tomorrow called Part Lies, Part Heart, Part Truth, Part Garbage: 1982–2011. To commemorate the band, Stephen Colbert enshrined Michael Stipe on his memorial shelf. He also sang an acoustic “Lean On Me” with Stipe and Brian Eno. (NPR)

Rapper Heavy D (Dwight Arrington Myers) died on Tuesday at age 44. (Spin)