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Incubus Comes Home For Two-Night Stand


Incubus returns home this weekend to Los Angeles to cap off a string of dates in support of its new album, Morning View, with a two-night-stand (December 1-2) at the city’s Universal Amphitheatre. The shows mark the largest by the group as a headliner in front of its hometown crowd. Meanwhile, Incubus prepares for the release of its second DVD/VHS, When Incubus Attacks, Vol. 2, which arrives December 11. The collection features videos and live performances, as well as behind-the-scenes footage from the Malibu, California mansion where the group recorded Morning View. Incubus bassist Dirk Lance said he knew he… Read more »

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Sony Expected to Report Weak Earnings


Sony Corp is expected to report weak results for the July-September quarter after a profit warninglate last month, with analysts looking for more aggressive restructuring moves to confront the slowing global economy. The world’s largest maker of audio and video equipment cut its consolidated operating profit forecast for the full year to next March by more than half to 120 billion yen ($980 million) and announced a handful of restructuring steps, including procurement cost cuts. “That’s not enough,” said Merrill Lynch analyst Hiroshi Kuriyama. “Of course it has made efforts in the past, but current business conditions are far worse… Read more »

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Vivendi Says On Track Despite Economic Worries


French-American media giant Vivendi Universal confirmed on Tuesday its profit and sales targets for this year and said it was well positioned for additional growth despite the uncertain economic environment. The company issued its bullish outlook as it reported that net profit dwindled to a meager 22 million euros ($20.3 million), weighed down by goodwill from its Seagram merger, provisions and losses at companies in which it holds stakes. The company’s outlook compared favorably with those of its top competitors, several of which have issued profit warnings in recent days. Media firms, particularly those exposed to the tumbling advertising market,… Read more »

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Live, U2, Enya, Aerosmith Songs Become Radio Memorials


On the radio this week, songs by Live, Moby, Jewel, Aerosmith, Enya and others have been transformed into musical tributes integrating news coverage of Tuesday’s events, passages from President Bush’s speeches in response to them and first-person accounts from witnesses to the terrorist attacks in New York and Washington, D.C. KIIS in Los Angeles produced a tribute version of U2’s “Stuck in a Moment You Can’t Get Out Of” and are also playing a tribute version of Enya’s “Only Time” and Faith Hill’s “Star-Spangled Banner.” “We were looking for something to help, songs that touch the heart, that help you… Read more »

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Webnoize Says Gnutella Can Be Policed


Gnutella’s rise in popularity can be managed according to a report issued yesterday. In a report issued yesterday, Cambridge, Mass., based Webnoize, a leading research group focused on issues facing the digital entertainment industries, said that Gnutella’s rise in popularity can be managed. As Napster users slowly peel away because of restrictions placed on it by the RIAA and the Ninth U.S. Court of Appeals, music industry executives fear that Gnutella will be the next big threat to rights holders. In yesterday’s report, P2P and the Gnutella Myth, Webnoize argues that despite the absence of any one company or central… Read more »

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