Trade Round-Up: Disney Breaks Into Cellphone Business
· CD sales are down almost 7% from last year, while downloading (the legal kind) is up 104 million units. In response to the new Nielsen SoundScan numbers, RIAA lawyers are busy trying to figure out how to sue everyone who's ever bought a song on iTunes. [Variety]
· Fox News was the first American TV outlet to air reports of the London terrorist attacks; the network was also the first to tie the subway bombings to Democrat-friendly terrorists. [THR]
· Disney partners with Sprint to create a family-targeted cellphone service. Soon, every five-year old will own a Mickey-shaped mobile phone and talk into the place where the mouse's genitals should be. [Variety]
· Nothing says World War II like Mr. Reese Witherspoon and the guy from Bring It On: Ryan Phillippe and Jesse Bradford are set to star in Clint Eastwood's next project, Flags of Our Fathers. [Variety]
· 18 million people tuned in to watch MTV and VH1 veejays mindlessly babble over the historic performances of the Live 8 concerts. No one wanted to hear the Pink Floyd reunion drown out that TRL guy, anyway. [THR]
· And because every world-shaking story has a show business angle, the entertainment industry in London is shut down in the wake of the terrorist attacks. [Variety]