Comment CDOs? (Score 1) 340
Doomsday device. Hm... how about subprime collateralized debt obligations?
Oh, that's not really science fiction any more. Right.
Oh, that's not really science fiction any more. Right.
Submission + - Companies attack EU music copyright (ft.com)
An anonymous reader writes: The Financial Times writes that some of Europe's biggest media and telecoms groups have attacked the European Commission's policy on music copyrights, warning that their businesses and the continent's "cultural diversity" will suffer if Brussels refuses to change track.
The European Commission had expressed concern in 2004 that "the cross-licensing arrangements that the collecting societies have between themselves lead to an effective lock up of national territories, transposing into the Internet the national monopolies the societies have traditionally held in the offline world. The Commission believes that there should be competition between collecting societies to the benefit of companies that offer music on the Internet and to consumers that listen to it".
Full EC press release from 2004 here and even more details here (pdf).
The European Commission had expressed concern in 2004 that "the cross-licensing arrangements that the collecting societies have between themselves lead to an effective lock up of national territories, transposing into the Internet the national monopolies the societies have traditionally held in the offline world. The Commission believes that there should be competition between collecting societies to the benefit of companies that offer music on the Internet and to consumers that listen to it".
Full EC press release from 2004 here and even more details here (pdf).
