COURT JAILS COMPANY FOR STEALING MUSIC!

A court in Sweden has jailed four men behind The Pirate Bay (TPB), the world's most high-profile file-sharing website, in a landmark case. Frederik Neij, Gottfrid Svartholm Warg, Carl Lundstrom and Peter Sunde were found guilty of breaking copyright law and were sentenced to a year in jail. They were also ordered to pay $4.5m (£3m) in damages. Speaking at an online press conference, he described the verdict as "bizarre.
"It's serious to actually be found guilty and get jail time. It's really serious. And that's a bit weird," Sunde said.
"It's so bizarre that we were convicted at all and it's even more bizarre that we were [convicted] as a team. The court said we were organised. I can't get Gottfrid out of bed in the morning. If you're going to convict us, convict us of disorganised crime. "We can't pay and we wouldn't pay. Even if I had the money I would rather burn everything I owned, and I wouldn't even give them the ashes." The damages were awarded to a number of entertainment companies, including Warner Bros, Sony Music Entertainment, EMI, and Columbia Pictures. However, the total awarded fell short of the $17.5m in damages and interest the firms were seeking.

(bbc) READ MORE

URBAN THRESHOLD ENTERPRISES INC, THE FOUNDERS OF THE ANNUAL UNDERGROUND MUSIC AWARDS AND THE A&R POWER SUMMIT!!!

PROUDLY CO-SIGNED BY A&R'S FROM:

URBAN THRESHOLD ENTERPRISES INC, THE FOUNDERS OF THE ANNUAL UNDERGROUND MUSIC AWARDS AND THE A&R POWER SUMMIT!!!

PROUDLY CO-SIGNED BY A&R'S FROM:


THE A&R POWER SUMMIT

The A&R Power Summit is the brainchild of Jesse Atkinson, CEO of Urban Threshold Enterprises Inc, Robert "Mr. Raw" Wright, Chief Operating Officer of Urban Threshold Inc., and J. Price Mars, Executive VP of Urban Threshold Inc. For the past 5 years, some of the music industry's most influential decision makers have gathered at The A&R Power Summit to share their music business expertise with the summit's attendees.


The A&R Power Summit is one of the most vital music conferences in America. It is the only conference that focuses on the role of the A&R. The summit's comprehensive program schedule of panels, workshops, and demo listening sessions address the important issues affecting the music industry today. The A&R Power Summit offers lively and incisive moderators, diverse participants, meaty discussions, fantastic performances and spirited debates.



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Everyone who registers for the 2009 A&R Power Summit will receive the following:


An exclusive copy of Urban Threshold's 'Get Signed' DVD, which features interviews with
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· You will receive a 1 on 1 meeting with a Major label A&R executive of your choice based on availability.

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Sony Pictures Cut 350 Jobs!

Sony Pictures Entertainment Inc. Announce that it will be laying off 250 people and eliminating 100 open positions in efforts to cut costs. Chief Executive Michael Lynton and studio co-chair Amy Pascal stated in memo that went out Wednesday why they were making the cuts: "Our studio remains profitable, but over the past five months, the deepening global financial crisis has begun to impact some of our lines of business, such as television syndication, DVDs and advertising sales," also stated "These economic effects have, regretfully, made it necessary to take the step we had hoped to avoid, and worked hard to minimize: reducing our headcount." Most of the layoffs will take place in LA and the rest will take place overseas. The studio has already moved to reduce executive benefits, travel and overtime in order to reduces costs.

NEW PHONE BY SONY ERICSSON "IDOU'

Sony Ericsson unveiled an advanced touchscreen phone codenamed "Idou" a Walkman-brand mobile with "superior" video quality and a new strategy called "Entertainment Unlimited", which company execs said would further blur the line between communication and entertainment. continue story..