Post Edited By Administrator, Please, don't post copyrighted articles in their entirety when a link would surfice. Thank you. UK Court throws out '04 approval by regulators, ruling that a monopoly investigation fell short. By Charles Duhigg, LA Times Staff Writer July 14, 2006 In an unexpected move that rocked the global music industry, one of Europe's highest courts Thursday threw out regulators' approval of the 2004 merger that created Sony BMG Music Entertainment, the second-largest music company in the world. The European Union's Court of First Instance ruled that regulators had made a "manifest error" when they approved uniting the music units of Japan's Sony Corp. and Germany's Bertelsmann. The court found that regulators did not sufficiently investigate whether the combination would create a monopoly. The decision, which came in response to a challenge filed on behalf of 2,500 independent music labels, caught executives at Sony, Bertelsmann and Sony BMG by surprise. Sources at the companies said they would re-submit the deal for approval within a week. A decision could take as long as five months. If that petition fails, executives may be forced to undo the partnership that collected $4.2 billion in revenue last year and was responsible for more than 25% of U.S. album sales. The Sony BMG combination reduced the world's major record companies to four and brought such artists as Aerosmith, Barbra Streisand and Elvis Presley under one roof. Whatever the outcome, Thursday's decision put an immediate chill on negotiations between EMI Group and Warner Music Group — the world's third- and fourth-largest music companies, respectively. Insiders at both companies said further talks about combining them were unlikely until the Sony BMG issue was resolved. --- and from Wednesdays GIZMODO.com: PS cell yeilds 'in the toilet' In plain English, this means the PS3 Cell processor is so big and complicated, they're having a hard time making enough to satisfy the demand. An IBM Semiconductor VP says they're "lucky to get 10 or 20 percent" out of a chip like the Cell. The other 80-90 percent aren't fit to be used in PS3s, meaning they either get used in another application or thrown away if they can't be. What this means to you is that the PS3 is probably going to be available in very limited quantities, at least until they can get the yields up. Also, Sony's going to be bleeding money on these chips, since they need to make so many (5 to 1 ratio?) to get one good enough to use in a PS3. Better get your pre-orders in now. – Jason Chen Wonder how this will effect BD?