The Canadian makers of the Kobo wireless eReader have been sold to Japanese company Rakuten for $315-Million according to Business Wire.
The company’s headquarters will remain in Toronto according to the press release.
Canadian e-Book Company Sold
Best Buy Wants Lower CD Prices
Billboard reports that Best Buy wants to reduce their CD prices to $9.99 in the states this holiday season but the labels are fighting the $7.25 wholesale price.
Best Buy had reduced the space dedicated to CDs and DVDs in their stores in Canada and the United States.
Astral To Launch Online Service In December
Astral Radio will be launching a online music service in December, which will be followed by a mobile compatible service in January.
The bilingual on demand streaming music and music video service will feature major and independent recordings and will be compatible with the major social media sites.
Additional information on this service can be found on this press release.
Interesting British Report
A British firm has published an interesting report in which many Internet provider provider myths are dispelled.
Plum Consulting has found that many of the claims used to justify internet access fees are exaggerated, echoing numerous other reports that came to the same conclusions.
In regards to Canada, OpenMedia.ca has discussed the issue with several Members of Parliament in the hopes something can be done to keep the internet open and affordable. A copy of their report is available for Canadians to send to their local MP.
Bell To Phase Out Throttling
Bell has stated that they would be phasing out throttling in a letter to its business partners :
“Effective November 2011, new links implemented by Bell to augment our DNS network may not be subject to Technical Internet Traffic Management Practices (ITMP).”
The letter then continues to mention that there will be higher speeds for users, including users who use peer to peer services.
TVO Documentary on Record Collectors
Just thought I’d bump an interesting documentary on record collectors called “Vinyl“, which will air tonight on TVO at 9 PM Eastern and tomorrow at 12 AM Eastern.
It is also available for viewing online by Canadians via the TVO web site.