Letterman's production company forms record label
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David Letterman is getting into the music business. His production company, Worldwide Pants Inc., has formed its own record label and it already has its first act.
Clear Entertainment/CE Music will release the debut album from the punk duo Runner Runner this summer. Their self-titled album is being released through a new partnership with Letterman's label, EMI Music's Capitol Records and MRV label. (AP)
