“Apple Inc. and music label EMI Group Plc plan to announce ‘an exciting new digital offering,’ EMI said on Sunday, renewing speculation of a deal to put the Beatles music catalog online,” Eric Auchard reports for Reuters.
Auchard reports, “However, a source familiar with the situation said a Beatles deal would not be featured at the event on Monday. ‘There is no Beatles’ announcement,’ the source said.”
“EMI said that it plans to hold a news conference on Monday at its London headquarters, where EMI Chief Executive Eric Nicoli will be joined by Apple Chief Executive and co-founder Steve Jobs, the company said in an e-mail to reporters,” Auchard reports. “A live Webcast of the event, which will feature ‘a special live performance,’ will be available at http://www.emigroup.com beginning at 1 p.m. local time in London (8 a.m. EDT). (1200 GMT).”
“Beyond any potential deal with EMI involving the Beatles, Apple and EMI could be working on a means for eliminating restrictions that prevent unauthorized duplication of digital music,” Auchard reports.
“Earlier this year, Jobs called on the world’s four major record companies, including EMI, to start selling songs online without copy protection software to thwart piracy known as digital rights management,” Auchard reports. “Jobs said there appeared to be no benefit for the record companies in continuing to sell more than 90 percent of their music without DRM on compact discs, while selling the remaining small percentage of music online encumbered with a DRM system.”
Full article here.
MacDailyNews Note: The Wall Street Journal is reporting that “EMI Group PLC is set to announce Monday that it plans to sell significant amounts of its catalog without anticopying software [DRM]… through Apple’s iTunes Store and possibly through other online outlets.” The Wall Street Journal has a stellar record of correctly reporting day-before Apple-related announcements, correctly calling the addition of movies from Paramount Pictures to Apple’s iTunes Store and Apple’s teaming with Cingular [AT&T Wireless] on iPhone, for two recent examples.
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