From the Editors
Best in Blogs: How the Earthshaking Facebook IPO Probably Will Not Affect You
Ladies and gentlemen of the Internet, all your sharing of personal information and photos of your children and harsh opinions about the Kardashians is about to pay off bigtime. For a handful of insiders who owned private shares of Facebook before the company's ginormous IPO this Friday. "As a Facebook user, give yourself a pat on the back for helping the company make it this far. You are one of 900 million, and you spend an average of 20 minutes per day surfing the network. You've become worth an average of $100 to the company," says Mashable, which among much other coverage has created a nifty Facebook-style Timeline graphic about the IPO (on the premise that "if the Facebook IPO were a real person, we certainly wouldn't blame it for posting braggy status updates.") Crazily, the folks at Inc. seemed to have a really similar idea. Mashable analyzes "13 Ways the IPO Could Affect You." Most of them seem to be about the company's future imperative to keep growing at an unbelievable rate to please Wall Street, a drive that could lead to various money-making schemes: "Recently, Facebook indicated that only 12% of your friends see your average update.... users might even need to pay to get more visibility on their updates."
Continue Reading Story »Best in Blogs: Village People Music Victory, Classic PC Game Respawns, and Facebook IPO Hoodiegate
In a victory for the rights of Village People everywhere, Victor Willis, who was the "cop" character, lead singer and co-writer for the flashy 1970s disco group, has won an important copyright case, reclaiming ownership in the songs YMCA, In the Navy, and 31 other Village People classics. It's a court ruling "with significant implications for the music industry," explains ArtsBeat: "Early last year, Mr. Willis invoked a provision of copyright law called 'termination rights,' which gives recording artists and songwriters the ability to reacquire and administer their work themselves after 35 years have elapsed. " This first such case is good news for all kinds of artists. "Over time it's expected to affect the rights to songs by Dylan, Springsteen, Tom Petty, Billy Joel and others," HuffPo notes. "Good for him and probably good for all of us," says Threedonia. "This move by large entities to corral and monopolize artistic content is troublesome." "This is precisely the result that many record labels have feared: that a musician could recover the copyright interest in his songs," adds Jonathan Pink. "Yikes. Not because of what this means to the labels, but what it means to me! Now these songs will be in my head all day! Ugggg. I blame U.S. District Judge Barry T. Moskowitz."
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