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BRUSSELS (Reuters) - EU antitrust regulators reviewing Sony Corp’s $2.3 billion bid for EMI are asking rivals and users whether they think the Japanese group would use its greater market power to win better terms in digital media deals. Announced in May, the move would make Sony the world’s largest music publisher, with rights to 2.1 million songs from artists such as Drake, Sam Smith, Pharrell Williams and Sia. The explosion of fixed-price music streaming services such as Spotify, Apple Music, Google Play, SoundCloud and YouTube has rejuvenated the music industry.
In a questionnaire sent to rivals and customers and seen by Reuters, the European Commission asks them if they think Sony would use its merged power in its publishing and recording catalogs to get better deals, The EU competition enforcer also asks whether Sony will favor publishing over recording in its quest for revenues, and how it would negotiate with societies which collect royalties for artists and musicians, diamond cufflinks tiffany The Commission also asks about the impact on online music streaming services, It is scheduled to decide on the deal by Oct, 26..
(Reuters) - Microsoft Corp (MSFT.O) co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to start what became the world’s biggest software company, died on Monday at the age of 65, his family said. Allen left Microsoft in 1983, before the company became a corporate juggernaut, following a dispute with Gates, but his share of their original partnership allowed him to spend the rest of his life and billions of dollars on yachts, art, rock music, sports teams, brain research and real estate.
Allen died from complications of non-Hodgkin’s lymphoma, a type of cancer, the Allen family said in a statement, In early October, Allen had revealed he was being treated for the non-Hodgkin’s lymphoma, which he also was treated for diamond cufflinks tiffany in 2009, He had an earlier brush with Hodgkin’s lymphoma, another cancer, in the early 1980s before leaving Microsoft, Music-lover Allen had a list of high-profile friends in the entertainment business, including U2 singer Bono, but preferred to avoid the limelight at his compound on Mercer Island, across Lake Washington from Seattle, where he grew up..
Allen remained loyal to the Pacific Northwest region, directing more than $2 billion to mostly local philanthropic projects, developing Seattle’s South Lake Union tech hub that Amazon.com Inc (AMZN.O) calls home and building the headquarters of his Allen Institute for Brain Science there. Gates described Allen as following the Microsoft partnership with a “second act” focused on strengthening communities and in a statement said, “I am heartbroken by the passing of one of my oldest and dearest friends.”.
Current Microsoft Chief Executive Satya Nadella on Monday called him a “quiet and persistent” man who changed the world, diamond cufflinks tiffany “He is under-appreciated in Seattle,” said David Brewster, founder of local news website Crosscut.com and the Seattle Weekly newspaper, “He’s remote and reclusive, There’s too much Howard Hughes in the way he behaves for Seattle truly to appreciate a lot of the good that he does.”, Paul Gardner Allen was born in Seattle on Jan, 21, 1953, the son of a librarian father and teacher mother, He was two years older than Gates but when they met in the computer room at the exclusive Lakeside School in Seattle in 1968, they discovered a shared passion..
“In those days we were just goofing around, or so we thought,” Gates recalled in his 1995 book “The Road Ahead.”. Allen went on to Washington State University but dropped out in 1974 to take a job with Honeywell in Boston. While there, he pestered Gates, who was studying at nearby Harvard, to quit school and join the nascent revolution in personal computing. Gates finally agreed and in 1975 the two jointly developed BASIC software for the Altair 8800, a clunky desktop computer that cost $400 in kit form.
The pair moved to Albuquerque, New Mexico, close to the Altair’s maker, and formed a company, It was Allen’s idea to call it Micro-Soft, an amalgam of microcomputer and software, The hyphen was later dropped, Allen was in charge of Microsoft’s technical operations for the company’s first eight years, making him one of the handful of people who created early software such as MS-DOS and Word that enabled the PC revolution and thrust Microsoft to the top, But he had ceased to be on the cutting edge of software development diamond cufflinks tiffany by the early 1980s, He never displayed the commercial instinct of Gates, who generally is credited with powering Microsoft’s rise to ubiquity in the 1990s..