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TODAY IN HISTORY

    ANHEUSER- BUSCH TAKEN OVER
    July 14, 2008 - USA

    After a $52 billion takeover deal, American beer maker, Anheuser- Busch, was taken over by the Belgian beer maker InBev on this day. The merging of the two companies made the newly combined company, Anheuser-Busch InBev, the largest beer maker in the world. The new combined company produces some of the most well known beer brands in the world including Bud Light, Budweiser, Becks and Stella Artois.

    FREDDIE MAC AND FANNIE MAE BAILOUT
    July 14, 2008 - USA

    Freddie Mac and Fannie Mae who own or guarantee about $5.3 trillion worth of home loans about half of all US mortgages have seen a loss of confidence my the market due to the mortgage forclosure increase and the drop in property values in the United States. Both company Shares have been under increasing pressure and have lost as much as 80% of share value in just 12 months . The Fed has given the green light for the Federal Reserve Bank of New York authority to lend any money needed to allow them to continue providing mortgages at 2.25% and will expand its current line of credit to the two companies and buy shares of the companies if needed to prop up share price in these troubled times. Congress is also to approve a package next week which includes a foreclosure rescue to help strapped homeowners get new, more affordable government-backed mortgages through the Federal Housing Administration.

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ARTICLE INFORMATION :

The article concentrates upon digital music downloads, in particular online music download options, including the cost, the listening rights, audio format and quality of downloads.

ARTICLE CONTENT :

There are a great many online services that offer online music. Some sites charge per online music download, whereas other services offer to pay a monthly fee for a limitless number of music downloads. It has been estimated that compact disc sales are in decline (19% in the last few years), and online music download sales are speedily increasing. Revenues from digital music sales are reported to have virtually tripled last year, with Apple's iTunes accounting for more than 85 percent of single song downloads. Nevertheless, the figures do not make Apple the sole source of digital music. Today, legal music download sites account for approximately 6% of record studios' revenues, which is a growth compared to the situation observed a couple of years ago.

Music download sites come in two types: 'rent' and 'buy' websites. 'Rent' sites are music sites involving a monthly fee paid to gain access to the whole music catalogue. 'Buy' services charge per download - iTunes, for example - where a soundtrack can be burned onto a CD once it is paid for. The CD can then be ripped to the pc. Some digital music services offer to pay a monthly fee for limitless listening rights, but also charge to purchase a song. Some digital music download sites charge 9 cents per track. In addition, these sites have tracks that can be downloaded in any format and quality level.

Sometimes music download websites are so cheap and user-friendly that a great many Internet users decide to download songs from these websites instead of ripping CD collections onto the personal computer. For any person downloading songs onto an iPod or iTunes, it is probably the optimum option. For any music not being downloaded onto an iPod, any other music source will work. When seeking the optimum quality music downloads, one should look for music download websites offering the largest choice of music that is updated on a regular basis, and excellent quality downloads. Commonly, the price is directly dependent on quality. In this case, a question arises: Is it worth spending extra money? The answer is typically 'Yes'.

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