Friday, January 23, 2004

SONY ON THE RISE: Despite being in that cash-strapped music industry Sony Music is managing to scrape a living. Howard Stringer, who heads up the US foot of the Sony Entertainment leg of the business reckons this is down to the impact of piracy being "diminished by legitimate downloading." He then got poked with a stick to make some claim that those ridiculous lawsuits his company have been helping fund through their RIAA subs made, you know, an "impact" of some sort, too. Stringer, of course, is in Davos at the moment for the World Economic Forum. We hope someone thinks to ask him Sony's position on free trade across borders and how that squares with its membership of the BPI and its commitment to market segmentation. But they probably won't.


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