Movie studios sue Scour . The lawsuit is sure to send waves through Hollywood. High-profile agent Michael Ovitz, who has represented many of the movie industry's top stars and has helped shift the balance of power between actors and studios, is one of the leading investors in Scour. Christoph Pingel says Rapster really works. Com interviews RIAA chief Hilary Rosen.
Innovation is certainly here to stay.
There are lots of interesting uses for it. But I do think that the people who want to commercialize it have an obligation to help develop those business models. Software industry feels threatened by Napster . Jack Krumholtz, Microsoft's director of federal government affairs and associate general counsel, told a congressional panel that the threat of software piracy and revenue losses as a result of software being swapped via technology like Napster is real and is a concern for Microsoft and the industry at large. For CDNow, the deal ends a search for a merger partner that began in March when a deal with the direct-sales music club Columbia House fell apart.