> Yahoo says profits fell 23% (and its stock followed). The company also confirmed that it will cut 1000 jobs. (San Jose Mercury News) Sources say the entire music division is in flux.
> You'll find most of SonyBMG's catalog up already on Amazon MP3 ahead of the Jan. 31st deadline. Some just have full album downloads available and promising "Coming Soon" single tracks.
> EU court says ISP do not have to name file sharers. (Reuters UK)
> Universal and Sony team on digital licensing in Asia and India. (DMW)
> Co-head of ICM's digital group Michael Kernan has stepped down to launch a company specializing in internet content. (Hollywood Reporter)
> Harve Pierre is named president of P. Diddy's Bad Boy Records. (FMQB)
> More than a quarter of iPhones are unlocked and working on networks other than AT&T. (Reuters) THE TAKE AWAY MESSAGE: Control doesn't work anymore. Stop trying.
