Letterman's production company forms record label
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)
