Record Q4: Harman International Industries, Inc. (NYSE:HAR) announced record results for the fourth quarter and full fiscal year 2005. Net sales for the quarter were $808 million, compared to $732 million during the same prior year period, an increase of 10%. Net income for the three months was $70.2 million, a 32% increase above the $53 million earned in the fourth quarter last year.

Mom fights back: As we've previously reported, the recording industry hasn't shied away from pursuing individuals it suspects of illegal downloading from peer-to-peer networks through the RIAA's "John Doe" lawsuits, most of which have intimidated the recipients into making out-of-court settlements. This strategy has, on several occasions, made the organization look foolish—as it assuredly did when it served a deceased 83-year-old.

Naxos, the world's leading distributor of classical music, has just signed a worldwide digital distribution deal with the Independent Online Distribution Alliance (IODA), which will use its Digital Distribution Dashboard (D3) technology platform to distribute and manage music files from the Naxos family of distributed music labels. The deal entails distributing titles to many of Naxos' 22 Digital Service Providers, including Sony Connect, Rhapsody, iTunes, Napster, and Microsoft (which charges consumers the lowest download price of all: $4.99 for an entire Naxos CD).