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Today the wire threw this little ditty our way regarding the continuing crackdown on students who illegally download and trade sound files.

The RIAA is the mechanism which is pursuing the students in question and several university campuses have been targeted as having heavy illegal downloading. It seems these cases of copyright infringement are blurry for most people. No matter what side of the fence your on, its still worth following.

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Mergers are almost always good for business, if you look at them objectively and stockholders often profit as a result of early buzz as well. Such seems to be the case this morning in New York as shares of both XM and Sirius are up to nearly double digits. MarketWatch has a more detailed story about the rise in stock price.

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Last week an article in the Financial Times covered the financial nightmare EMI is currently going through across the pond in the UK. It seems sluggish record sales in the US by big name artists like Janet Jackson and Robbie Williams have sold poorly here, forcing the company to re-issue a warning note to share holders making them aware of the losses likely to come this quarter.

Looks like the word on the streets is official, as news from XM came in later today announcing XM and Sirius have agreed to a merger. Of course, there are regulators already crying foul, but for now it’s a marraige made in heaven. Well for them at least.

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Rumors surrounding the apparent merger of XM and Sirius Radio are beginning to resurface again this week, with Peter Lauria reporting about it in today’s New York Post. It might not be long before Mel Karmazin and crew fill in the rest of us in on the proceedings apparently still taking place after a heavy weekend of table-pounding and hand-shaking. Stay tuned! What would Howard say?

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