Skip to main content

NY Spitzer Subpoenas Music Companies

According to an Associated Press story, New York State investigators have subpoenaed several major music companies as part of a preliminary inquiry into whether the digital music services have engaged in any illegal price-fixing activity.

Darren Dopp, a spokesman for state Attorney General Eliot Spitzer, said the office was seeking information on wholesale prices the music labels charge for digital music files that can be downloaded. Dopp said Tuesday that it would take months for the office to launch a full investigation, if one is warranted.

Warner Music Group Corp. said in a regulatory filing Friday that the subpoena it received is part of an industrywide investigation. "As disclosed in our public filings, we are cooperating fully with the inquiry," Amanda Collins, a spokeswoman for Warner Music Group, said in a statement. The Wall Street Journal reported earlier that Sony BMG Music Entertainment and Vivendi Universal SA's Universal Music Group had also received subpoenas.

Popular posts from this blog

The Billions Bet on Tentative AI Demand

Gartner's latest worldwide IT spending forecast exposes a trend every CIO has already felt in budget negotiations. Total spending will climb 14.2 percent in 2026, reaching $6.37 trillion. It seems that the IT infrastructure market is simply having a strong year. However, the more useful insight is how unevenly that growth is distributed. The Headline Number vs. The Real Story Data center systems and infrastructure as a service (IaaS) are absorbing capital at a pace several multiples faster than devices, communications services, and traditional IT services. This is not incremental growth spread across a healthy portfolio. It is a wholesale reallocation of enterprise technology budgets toward AI infrastructure, made on the expectation that demand for AI workloads will justify the outlay before that demand has been fully proven. Where the Money is Going Data center systems are forecast to grow 62.5 percent in 2026, that's up from 51.6 percent growth in 2025, reaching $822 billion....