Thursday May 1
Four Tracks Per Second
Apple's iTunes Music Store sold 275,000 downloaded songs in its first 18 hours of operations. That's four songs per second. So as Michael Malone of ABC News points out, this suggests that Steve Jobs has done more than create a legal means of distributing "untethered" music online, he's also rung the death knell of the recording industry.
How has the music industry responded to the threat from MP3 and digital distrubution, now estimated at 10 percent of its revenues? Like all dying industries: with more of the same, plus armies of lawyers. They're dinosaurs who just don't realize that the comet has already struck. They're walking extinctions.
Posted by glenn at Desperately Seeking Saddam
The title of this BBC News article is too cute to waste. Sorry, it has nothing to do with the real-world search for the deposed dictator in Baghdad. Rather, it's about casting a play in London! [BBC News]