Barry Willis

GamuT Audio has been acquired by Danish investment firm Rossing Nielsen Electronics A/S, according to an announcement released September 22. Under the new ownership, the number of GamuT products will be reduced to "provide shorter lead times and to make the brand more competitive," according to company principle Poul Rossing.

Two years ago, music business insiders were predicting that the industry's "Big Five" would eventually become the "Big Four," or possibly the "Big Three."

The Recording Industry Association of America (RIAA) may issue a general amnesty to the music fans who have amassed libraries of favorite tunes by downloading them over the Internet, according to information leaked to Billboard, the Hollywood Reporter, and other publications the first week of September.

Responding to scrutiny by federal legislators, the Recording Industry Association of America (RIAA) is backing away from the pursuit of small-scale copyright violators. After issuing more than 1000 subpoenas against alleged music pirates, the trade group announced on August 18 that it would go after only big fish in its efforts to contain the file-sharing epidemic.