Russell Simmons owns a loft right next to Ground Zero. He hasn't been able to use it since 9/11, but he managed to get his mate Glen E. Friedman in. Here's what he did. Read the comments too, they are hilarious.
The Guardian reports that "New research suggesting that file sharing has no impact upon sales of CDs has, not surprisingly, angered the music industry."
"... So, if downloading hasn't caused the slump in sales, what has? There are several factors that could be involved, but the easiest explanation is the popularity of DVDs.
"Over the period 1999 to 2003, DVD prices fell by 25% and the price of players fell in the US from over $1,000 to almost nothing," says Strumpf. "At the same time, CD prices went up by 10%. Combined DVD and VHS tape sales went up by 500m, while CD sales fell by 200m, so a possible explanation is that people were spending on DVDs instead of CDs."
More here.