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Trading starts at 6AM I believe.

Could be wrong.

I did a check with yahoo finance graphics and the opening hour seems to be 9:30 AM(opening value of AAPL stocks on yahoo finance, New York Time). London seems to open at 7:30 AM (London time) and closes at 4:30PM.

I insist in considering 1PM a strange hour for a press event...
 
Trading starts at 9:30 AM Eastern.


The NASDAQ Stock Market Trading Sessions (Eastern Time)
Pre-Market Trading Hours from 7:00 a.m. to 9:30 a.m.
Market Hours from 9:30 a.m. to 4:00 p.m.
After-Market Hours from 4:00 p.m. to 8:00 p.m.

Quote and order-entry from 7:00 a.m. to 8:00 p.m.
Quotes are open and firm from 7:00 a.m. to 8:00 p.m.


A speculators stress hour :D
 
Another possability I will through into the ring.

from http://www.zdnet.de/news/tkomm/0,39023151,39153172,00.htm
"Im Rahmen der CTIA Wireless Trade Show, die derzeit in Florida stattfindet, hat sich Eric Nicoli, Chef der EMI Group über den Markt für mobile Musikdownloads und aktuelle Handy-Trends geäußert. Alleine in diesem Jahr sollen mobile Musikdownloads einen Umsatz von mehr als 13 Milliarden Dollar generieren. Für das Jahr 2010 rechnet Nicoli mit einem Umsatz von 32 Milliarden Dollar"


For those who dont read German, it says in a nut shell that the CEO of EMI who was in Florida (29th March) for the CTIA trade show had made some comments about the market for download of mobile phone ringtones. This year alone the market is estimated at over 13 billion US$ and is expected to grow to 32 billion by 2010.

So, it could be that EMI will be the ring tone provider for iPhone over iTunes. This could also tie in with the "an exciting new digital offering," mentioned in the press release. Nicoli has said very posative things about the iPhone.
 
Trading starts at 9:30 AM Eastern.

So the announce takes definitely place when Wall Street is yet to open and London is closing (just a couple of hours left).

And we have two CEOs... And a music debate settled with the Beatles just a month ago....

I would look for Apple's stock...
 
Matt's comments on DRM etc:

supply/demand of recorded music(ians)+internet = Dead record companies

Arguing for anything else simply breaks economic rules.
 
Sorry if this is already posted... Wall Street Journal confirms the event is about removing DRM.

"In a major reversal of the music industry's longstanding antipiracy strategy, EMI Group PLC is set to announce Monday that it plans to sell significant amounts of its catalog without anticopying software, according to people familiar with the matter.

The London-based music company is to make its announcement in a press conference that will feature Apple Inc. Chief Executive Steve Jobs. EMI is to sell songs without the software -- known as digital rights management, or DRM -- through Apple's iTunes Store and possibly through other online outlets, too."
 
Has to be the Beatles or no DRM. A ringtone announcement wouldn't get two CEO's together and the press conference timed to be just before the stock market opens (for maximum impact).

In fact, I am tending to lean towards a bigger splash...something like the Beatles on iTunes AND no DRM on at least some of EMI's artists.

We will see tomorrow. This is big, I guarantee it.
 
Another possability I will through into the ring.


<SNIP>

So, it could be that EMI will be the ring tone provider for iPhone over iTunes. This could also tie in with the "an exciting new digital offering," mentioned in the press release. Nicoli has said very posative things about the iPhone.

This could be certanly an interesting thing, although I would consider such an announce a bit before time (iPhone will ship in june in the US and at the end of the year in Europe...).

Just a few hours to know...
 
So, it could be that EMI will be the ring tone provider for iPhone over iTunes. This could also tie in with the "an exciting new digital offering," mentioned in the press release. Nicoli has said very posative things about the iPhone.
I like this idea. Ringtones wouldn't be a half-bad place to try out DRM-free downloads on the iTunes store either.

This might also be the place to announce the UK carrier for the iPhone. I think there's been speculation, but I don't believe that the European partner(s) have been officially announced.

Put me down for those two announcements...

  • Ringtones from EMI artists w/ no DRM
  • European partners for the iPhone announced
 
Sorry if this is already posted... Wall Street Journal confirms the event is about removing DRM.

"In a major reversal of the music industry's longstanding antipiracy strategy, EMI Group PLC is set to announce Monday that it plans to sell significant amounts of its catalog without anticopying software, according to people familiar with the matter.

The London-based music company is to make its announcement in a press conference that will feature Apple Inc. Chief Executive Steve Jobs. EMI is to sell songs without the software -- known as digital rights management, or DRM -- through Apple's iTunes Store and possibly through other online outlets, too."

No, it wasn't posted before. A link would be appreciated. So it seems that Steve has hit the jackpot... his distorsion field works as a charm...
 
and i still think selling DRM free music is a huge risk. people argue that DRM free music exists on p2p network in the form of files from CDs. I find this a very weak argument.

I still don't have a compelling reason why files should be DRM free. Can someone give me one? and I am not from RIAA either; in fact, they should replace some country as Axis of Evil
 
This might also be the place to announce the UK carrier for the iPhone. I think there's been speculation, but I don't believe that the European partner(s) have been officially announced.

I disagree.

If the announcement was over the iPhone EU carriers, then the announcement would take place at the office of that carrier (if only one like Vodafone) or at Apple EU HQ. EMI involvement would make no sense and the EMI boss would not be involved.
 
So, it could be that EMI will be the ring tone provider for iPhone over iTunes. This could also tie in with the "an exciting new digital offering," mentioned in the press release. Nicoli has said very posative things about the iPhone.

DRM-free Beatles ringtones on my iPhone, transferred from my Ultimate Edition Beatles Collection on iTunes (7.2, which has the "Make My Ringtone" feature and 5.1 decoding support)!

Now all we need is Zeppelin...
 
and i still think selling DRM free music is a huge risk. people argue that DRM free music exists on p2p network in the form of files from CDs. I find this a very weak argument.

I still don't have a compelling reason why files should be DRM free. Can someone give me one? and I am not from RIAA either; in fact, they should replace some country as Axis of Evil

Because it 'punishes' the people willing to pay for music, not the people who are stealing it.
 
The interesting part of the WSJ article is this quote:

In a major reversal of the music industry's longstanding antipiracy strategy, EMI Group PLC is set to announce Monday that it plans to sell significant amounts of its catalog without anticopying software, according to people familiar with the matter.

The London-based music company is to make its announcement in a press conference that will feature Apple Inc. Chief Executive Steve Jobs. EMI is to sell songs without the software -- known as digital rights management, or DRM -- through Apple's iTunes Store and possibly through other online outlets, too.
 
I still don't have a compelling reason why files should be DRM free. Can someone give me one? and I am not from RIAA either; in fact, they should replace some country as Axis of Evil
Every song (and I mean every song) is already available illegally & unprotected on P2P networks. People who download their music from such sites probably don't even realize DRM exists. ...DRM just doesn't work, but it does a very good job of causing problems for those who buy their music legally.

Overall, DRM only affects those who are already purchasing their music legally - it's like preaching to the choir.
 
Interesting Yahoo just had an AP headline saying Beatles and Apple to announce deal tomorrow.
 
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