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Friday, July 28, 2006

$100 million dollars

No its not Dr Evil ...
Kazaa has agreed to pay $100 mln in music industry settlement

Content Industries and Sharman Networks Settle All Global Litigation
SYDNEY – Sharman Networks Ltd. announced today that an historic turning point has been reached for both technology and content industries...
SYDNEY – Sharman Networks Ltd. announced today that an historic turning point has been reached for both technology and content industries with the global settlement of the Metro-Goldwyn-Mayer Studios Inc, et al., v. Grokster, Ltd and the Universal Music Australia Pty Ltd & Ors v. Sharman License Holdings Ltd & Ors copyright cases.
The global settlement of all legal disputes between Sharman, which owns and distributes the Kazaa peer-to-peer (P2P) software application, and the major entertainment content providers and trade groups, clears the way to enable distribution of the broadest range of licensed content over Kazaa.
full release : http://www.sharmannetworks.com/content/view/full/321/

Monday, July 24, 2006

Microsoft's Zune

Microsoft Corp. (MSFT)

Microsoft is entering the music and entertainment arena with competition to the Apple iPod with Zune. Zune will be available at the end of 2006 Microsoft tells the industry-
Zune , both a hardware and software product line , in combiantion with MSN Music give Microsoft a growing presense in the ever changing music industry.

Monday, July 10, 2006

Lyric jeans- Music and denim industries converge

While doing some research today, I ran across a small company with big ambitons in the music/clothing industry
Lyric Jeans, Inc. (Other OTCPK:LYJN)
according to their recent press release :
"Lyric Jeans is a music driven premium clothing line involving lyrical content on jeans, denim wear and accessories. Each pair of jeans reflects the personality, style and flare of the artist and song through its design. With the vision of fusing the world of music with fashion, Lyric Jeans employs a cutting-edge design strategy allowing consumers to express themselves stylishly through song lyrics. Lyric Jeans recently announced licensing deals with Warner/Chappell Music and Universal Music Publishing Group. The company's manufacturing partner is American Garment Sewing, one of the leading U.S. companies in premium denim production."

more info - http://www.lyricjeans.com/

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