Rolling Stone’s Caryn Ganz breaks down the latest news and reviews in this week’s action-packed New Music Report, including Bruce Springsteen’s rich, expansive Working on a Dream, the subject of the magazine’s latest five-star review and Franz Ferdinand’s Tonight: Franz Ferdinand, the third album of competent disco-rock from the Scottish quartet.

• Bruce Springsteen – Working On A Dream
• Franz Ferdinand – Tonight: Franz Ferdinand

Plus, another look at our special Grammy Faceoff, where top artists — many of whom are up for Grammys, themselves — pick their favorites in all the major categories, and a recap of the big night’s newly announced performances, which will include Radiohead’s first televised U.S. gig since 2000 (the band is up for five awards). Also, a preview of Metallica’s Guitar Hero and its song list, inside President Barack Obama’s new secret music library and more.

>>Watch every episode of our weekly New Music Report video podcast by subscribing via iTunes (when prompted, click “Launch application”). Every Tuesday, a new episode will be delivered to your iTunes. [If you don’t have iTunes, download it here.]