$1.92 million. That’s what a Minnesota court decided last week in the case of the Recording Industry Association of America (RIAA) versus Jammie Thomas-Rasset.
The RIAA originally sued Thomas-Rasset …
Archive for June, 2009
Smartphones abound, giving the iPhone competition
by Jeff Dorsch, June 24, 2009, 10:58 amNews item: Apple and AT&T sold more than 1 million new iPhones in the first weekend of availability for the iPhone 3GS.
Yes, if it’s midyear, there must be a new iPhone model to drive Apple fans crazy and make them rush …
Dark Night of EMI
by Lee Simmons, June 23, 2009, 10:49 amThanks, EMI. Just when I thought major music labels couldn’t get more out of touch, you’ve proved me wrong again.
For anyone who even remotely follows indie-rock music, it is practically impossible not to notice news of a little album titled Dark …
FedEx stays positive…despite its latest earnings statement.
by Adam Anderson, June 22, 2009, 11:58 amEven Mary Poppins wishes she had this much optimism.
Just when you thought the economy was stabilizing, last week FedEx announced it was taking an $876 million fourth quarter hit as it continues to cope with the weakening demand for its services amid the global recession. Despite the dismal …
Swine flu a squall for cruise industry
by Jenni Gilmer, June 18, 2009, 3:45 pmThe cruise industry has had a hard time staying afloat between staggeringly high fuel prices last year and then a global economic recession. Add swine flu to the mix and that’s like sailing into a hurricane.
What happened on Royal Caribbean’s Ocean Dream was like a …
Eddie Bauer’s in Bankruptcy
by Alexandra Biesada, June 18, 2009, 10:55 amWhile the pace of retail bankruptcies appears to have slowed since the immediate aftermath of the disastrous 2008 holiday shopping season, retailers are still seeking Chapter 11 protection. The latest casualty to make its way to the Delaware bankruptcy court is outdoor-apparel seller …
Bankruptcy means no more advertising, or does it?
by Jenni Gilmer, June 17, 2009, 10:38 amOne of the most obvious items to fall under the knife when your company is in bankruptcy is the advertising budget. That sure is what happened to Chrysler during its short stay in Chapter 11. The automaker planned to spend $134 million on ads for …
Choking on China’s Coal
by Stuart Hampton, June 17, 2009, 9:43 amBP handed all of us oil and gas analysts and statistical geeks a belated Christmas present last week when it published its Statistical Review of World Energy 2009. This year’s review, the 58th consecutive edition that BP has published, gives a great overview …
