More Music News For Thurs. 7/30: Sony Earnings, Pirate Bay Sale, P2P Trial & Much More

• Sony earnings down as gadget sales fall and Yen rises. "On the music front, Sony makes a big increase after fully taking over Sony Music Entertainment from Bertelsmann. The world’s second largest music label made Sony 108.8 billion yen ($1.11 billion)—96.1 percent more than it made from the Sony BMG JV in the same period last year." (paidContent)
• GGF: Pirate Bay Purchase Will Happen August 27. (TorrentFreak)
• Tenenbaum lawyer admits liability; damages now main issue. The second-ever P2P file-sharing case to go to trial has been anything but conventional, and yesterday was no exception: one of Joel Tenenbaum's attorneys admitted in court that his client was liable for infringement. The real issue now appears to be the amount of damages. (ars)
• Music and media futurist Gerd Leonhard holds a free online webinar "Music 2.0 and the Future of the Music Industry" tomorrow July 31st at 5pm CET, 4pm GMT/UK, 11 am EST, 8am PST, midnight JST and 1am (next day) AEST.  Find out more on Gerd's Facebook page. More info here.
• Bandwidth Music | Technology Conference 2009 Announces Conversation with Charles Caldas, CEO, Merlin (press release)
• iPhone Jailbreaking Could Crash Cellphone Towers, Apple Claims (Wired's Threat Level)
• Depsite a slow adoption rate from consumers, HD radio developer iBiquity lands another $42.5 Million (DMW, SEC filing)
• New Orange mobile music service works via voice calls. (Techdirt)
• Sony Legacy jumps on the growing digital single bandwagon. (press release)