Neil Young's new HD music player, PonoPlayer, surpassed its Kickstarter goal of $800,000 just hours after launching. But can people really tell the difference in sound quality, or is it purely psychological? And how will its Toblerone shape fit in our flexible, sleek world?

What is luxury? How does strategy in the luxury sector work? And what can it teach other brands? Marco Bevolo, one of the authors ofPremium by Design: how to understand, design and market high end products, provides a vision of the business of prestige, desire and seduction.

Would you pay extra to see your favourite band soundcheck before the show? Or get a limited edition poster if you download a track legally? Many would, and that’s the premise for Modlife, a platform launched by Tom DeLonge as he watched the industry shift while in former band Blink 182.

Joining the likes of Spotify, Pandora and Beats Music, YouTube has launched a subscription service that lets people stream ad-free music videos and download them for offline use. The $10 monthly fee for Music Key also provides access to Google's Play All Access.