Online
piracy costs jobs, says music industry
New York: In its harshest indictment yet of Internet
piracy, a top official of the music industry said on Sunday
Europe's 600,000 music professionals risk losing their
jobs unless the industry fights back.
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Oil
tycoon Marvin Davis plans fresh bid for Vivendi
Paris: Billionaire oil man Marvin Davis is preparing
a new bid for the entertainment assets of French-American
media company of Vivendi Universal in a round of meetings
set for later this month, a Davis spokesman said on Saturday.
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Fiat's
founders to tighten management control
Milan: Fiat's controlling shareholders will strengthen
their role in its management, with ailing honorary chairman
Gianni Agnelli's younger brother likely to become chairman,
newspaper La Repubblica said on Sunday.
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File
swapping: Music firms now want ISPs to pay up
New York: A top music executive said on Saturday
that telecommunications companies and Internet service
providers (ISPs) will be asked to pay up for giving their
customers access to free song-swapping sites.
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US
airlines in big seat-selling ties
Washington: The Bush administration cleared the
largest-ever US airline marketing alliance on Friday,
allowing three carriers to sell seats on each other's
flights, but imposed restrictions on certain routes, and
required them in certain cases to give up airport gates
and facilities.
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