Sony BMG Reveils Loss Of $8 Million During Second Quarter
Sony BMG recorded a net loss of $8 million on sales of $851 million in its fiscal second quarter ended Sept. 30. The number compares with a wider net loss of $39 million on sales of $948 million in 2006’s fiscal second quarter. The company attributed the 10.2% drop in sales to the declining of the physical music market and to fewer major artist releases in this year as compared to last year. Although these numbers paint an...
OiNK Resurrection Announced By Pirate Bay
The Pirate Bay has announced that they will resurrect OiNK in short order. As we reported last week, British and Dutch authorites shut down OiNK last week, a private BitTorrent tracker that specialized in pre-release albums. Pirate Bay is readying BOiNK.cd for the new site. However, the original OiNK.cd destination, which displayed an anti-piracy message after the bust, now features the above picture of waffles with: “These are...
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