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(Reuters) ? Two of the longest-running names in digital music, Rhapsody and Napster, are combining in a bid to grow market share and stay ahead of newer rivals like Spotify, Rdio and MOG.
Rhapsody, which is the largest U.S. digital music service with 800,000 subscribers, said Monday it would take over Napster, which is currently owned by retailer Best Buy Co Inc. Best Buy would receive a minority stake in Rhapsody on closing of the transaction, which is expected around November 30. The deal is stock based, but specific terms were not disclosed.
Even as music sales have dropped significantly over the last decade -- with fans buying fewer CDs and piracy taking hold -- many start-ups and investors have been willing to place a bet on being the music retail or distribution outlet of choice for the 21st Century. But to date, digital music sales has been dominated by Apple Inc's iTunes Music Store.
Napster's name is synonymous with the original "bete noire" of the music industry -- an illegal free music-sharing application founded by college dropout Shawn Fanning in the late 1990s.
Roxio Inc bought the Napster name in 2002 after the original Napster was shuttered by major music labels' lawsuits. It was later sold to Best Buy for $121 million in 2008, and is estimated to have less than 400,000 subscribers. Rhapsody described Napster as the second-largest U.S. digital music service but did not reveal how many subscribers Napster has.
"This deal will further extend Rhapsody's lead over our competitors in the growing on-demand music market," said Rhapsody President Jon Irwin in a statement.
Rhapsody was spun off by Viacom Inc's MTV Networks and RealNetworks Inc early in 2010.
While Rhapsody is the current digital music service market leader, it is facing fast-growing competition from London-based Spotify which launched in the U.S. in July. The new service, which already has some 2 million paying subscribers mainly in Europe, is said to be adding thousands of U.S. users weekly, according to various industry estimates.
(Reporting by Yinka Adegoke in New York, editing by Gerald E. McCormick)
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RAWALPINDI, Pakistan (Reuters) ? A Pakistani court sentenced to death on Saturday the killer of the governor of Pakistan's largest province after he had called for reform of a law against blasphemy, a defence lawyer and state-run media said.
Mumtaz Qadri was a bodyguard for Punjab province Governor Salman Taseer and shot him dead in the capital, Islamabad, on Jan. 4.
Taseer was an outspoken critic of predominantly Muslim Pakistan's blasphemy law and Qadri is viewed as a hero by many people who thought Taseer himself was a blasphemer by calling for the law's reform.
Qadri had said he was enforcing divine law by murdering a blasphemer.
The killing highlighted a growing gulf between conservatives and more liberal elements in society.
Qadri's supporters took to the streets to denounce the sentence soon after it was handed down at a hearing in a jail where he is being held in the city of Rawalpindi.
"By punishing one Mumtaz Qadri, you will produce a thousand Mumtaz Qadris!" one man shouted through a megaphone outside the jail.
The court handed down two death sentences for murder and terrorism to Qadri, who has seven days to file an appeal, state television reported.
Reporters and other members of the public were not allowed in to the hearing and it was not known if Qadri attended.
Pakistan's blasphemy law mandates the death penalty and is often used in poor, rural areas to settle personal scores.
Taseer had championed the cause of a Christian woman sentenced to death in a blasphemy case, which arose out of a dispute. Taseer had said the law was being misused and should be reformed.
TEARS OF ANGER
Several hundred supporters of Qadri blocked a road outside the jail and chanted slogans. Some recited verses from the Koran while members of the hardline Sunni Tehreek religious group waved their party's green and yellow flags.
A Qadri supporter, wiping tears from his face, said: "We don't accept this. We don't accept this."
Police were deployed at the jail gate to prevent any break-in. After Qadri was sentenced, the judge left through the back door.
In Rawalpindi's Liaquat Bagh area, where former Prime Minister Benazir Bhutto was assassinated in December 2007, about 1,000 angry Qadri supporters blocked a main road with burning tyres.
Shouting slogans against the government and the judge who sentenced Qadri, they forced shops to shut down. Stick-wielding protesters attacked passing vehicles.
"This decision was made to please the Jewish lobby," said Sahibzada Ata-ur-Rehman, a leader of the Sunni Tehreek.
Two months after Taseer's murder, Pakistan's Minister for Minorities Shahbaz Bhatti, a Christian, was murdered by the Taliban on March 2 for demanding changes to the blasphemy law.
After the Bhatti assassination, U.N. human rights chief Navi Pillay said Pakistan was "poisoned by extremism".
Liberal Pakistanis and rights groups believe the law is discriminatory against the country's tiny minority groups, and its vague terminology has led to misuse.
A 13-year-old Christian girl was recently accused of blasphemy after she misspelled a religious word in a school test. She was expelled from school in the town of Havelian in northwestern Pakistan.
(Writing by Qasim Nauman; Editing by Chris Allbritton and Robert Birsel)
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The world of broadcasting is in constant change and now we are in a position where small business firms can opt to do what large business firms had done previously. There is no need of a big budget. With just few hundred dollars you can start your campaign.
The idea that I am talking about is of online TV shows. People are no longer restricted to their boring shows in the normal TVs. They are looking for new creative and informational shows on the internet, luring in the small business firms.
These business firms are setting up their own studios from where they produce their shows. These shows can be anything like informational, how to do guide or educational. It depends on the goal of the firm. The show can also be used as a promotion to various products.
The internet has increased in speed with an increase in the processing speed of computers. In modern time better software are provided which were unaffordable to the average man in the beginning. This is clearly an indication that you have better opportunities to promote your business. In this case, you have better opportunities to promote videos online i.e. streaming of videos online.
Below is written my experience on creating an online TV studio with very less budget. I have written this portion in a simple manner so that most of you do not have to strain your brain. If you are familiar with few technical words then it will do you good and if not, you will understand it in the end.
In the beginning I had a Celeron system which was second handed. It had 2.6GHz, 1.5GB Ram with Windows XP. Later I upgraded to Mac G5 (Tiger). The Mac operating system worked efficiently. ?
Two video capturing devices were used by me. Among them one was a webcam which was of high quality and the other was a normal video recording camera so that I am not restricted only to my home but can record videos outside my home too.
For my reading purpose I bought two reading lamps which made my vision more clear.
When I started, I used a freeware version for video editing. It works just fine. But later, I bought another video editor that works on my Mac OS. Currently I am using iMovie with Final Cut Express to do the work and they are excellent tools.
If you are a Windows user then you have a whole lot of freeware to choose from. The reason I chose the above mentioned software is because I had Mac installed in my system already and I didn?t wanted to change it and go all over from the beginning.
Finally, you need a broadband connection that is not too slow, a tripod and a course on online video streaming. You can choose a free hosting site like Youtube, or you can opt for a paid site to stream your videos.
I opted for a paid site because it allowed me more features than a free site. I had control over my videos and its various parameters. Moreover I didn?t want other company?s logo showing on my videos.
So, all you need is a computer, internet connection, course in video streaming, webcam and a website to show your works to the world.
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