There are two very important financial rulings being voted on today. One is something to do with banks and mortgages and the world not ending, which we couldn’t care less about and certainly don’t intend trying to understand.
The other is to do with Apple and the amount of royalties it pays to record labels in return for selling their music on iTunes. Three Copyright Royalty Board judges are meeting in Washington today, to decide if Apple should be forced to boost its royalty payments from 9 cents a song to 15 cents a song for each track sold via iTunes – a 66% increase.
Apple has, incredibly, threatened to CLOSE iTunes…
Closing their Bittorrent portal TorrentSpy was not enough to save founders Justin Bunnell and Wes Park from getting hammered by the US courts to the tune of $110m.
Justin and Wes’s company Valence Media has been ordered to pay the enormous fine to the Motion Picture Association of America for enabling mass copyright infringement…
Denon has released the AH-D5000 headphones, aimed at the highest end of the audiophile market, and designed and voiced by Denon’s Hi-Fi engineering team, developers of Denon’s Advanced Evolution Hi-fi ranges, and Hi-fi market leaders in Japan.
These closed headphones are designed to be enjoyed in complete peace, are made from comfortable high-grade soft ear padding, with a lightweight magnesium frame, and real wood mahogany housing for superior acoustic characteristics.