In a story over on HypeBot it appears EMI could be looking to sell off it’s recorded music division in an effort to pull themselves out of the profit black hole they seem to have fallen into. So in an effort to cut costs and boost their share price the board is said to be “seriously considering it”.

Sources are reporting that since EMI’s original proposal of offering DRM free MP3s didn’t go over too well with record labels (imagine that) they — EMI — came back with an offer where the labels would give EMI an advance on future royalties. Full Story »

Digital Rights Management or DRM is a term which includes various technologies which publishers or copyright owners use in order to control the access and the ways in which you use data such as an mp3 file or hardware such as an iPod. It is a form of copy protection basically so companies can keep control over content so it does not get sold via the internet and then transfered between people for free. Full Story »

In a story on engadget today, Thomas Ricker writes:

Brace yourselves good people of New York, mother government is prepared to step in (again) and save you from yourselves. Senator Carl Kruger is reportedly set to introduce legislation that Full Story »