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Music

Submission + - SoundExchange: Billion Dollar Administrative Fee

palewook writes: "On June 7th, Yahoo, RealNetworks, Pandora, and Live365 sent letters to US lawmakers emphasizing they owe SoundExchange "administrative fees" of more than $1 billion dollars a year for collecting the increased CRB royalities effective July 15th unless the Internet Radio Equality Act passes Congress. SoundExchange, the non-profit music industry entity, admits the levied charge of $500 per "channel" is supposed to only cover their administrative costs. Last year, SoundExchange collected a total of $20 million dollars from the Internet radio industry. Examining the new "administrative fee", means that RealNetworks which hosted 400,000 unique subscribed channels in 2006, would owe an annual administrative charge of 200 million dollars in addition to the retroactive 2006 rate hike per song played."
Portables (Apple)

Submission + - How big will iPhone become?

palewook writes: "Combine an iPod with a BlackBerry, toss in the Apple marque and Apple's marketing power, what do you get? Around 2009, when the lower cost version of iPhone appears, Business Week believes the yearly market for iPhones will be over 10 billion dollars a year. Its an interesting prediction, if those numbers come to pass, iPhone could become 10% of Apple's yearly market cap."
The Internet

Submission + - Safemedia's CEO tells Congress, he can stop P2P.

palewook writes: Yesterday, Safwat Fahmy appeared in front of the House Science and Technology Committee. During Fahmy's testimony, he claimed Safemedia's "P2P Disaggregator" technology uses traffic-shaping systems and network-filtering systems that can destroy contaminated P2P networks. And Clouseau will make it impossible to send or receive any illegal P2P transmission on any installed network. However, Clouseau allows tunneling and SSH and never opens packets to determine file legality.

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