Hypebot’s New Music Industry Briefing For Wednesday May 3, 2006

– WMG rebuffs a takeover bid from EMI, but many see the merger happening.  Page down for full story and commentary.

– A decision is expected on Monday May 8th in the Apple (Computer) vs. Apple (The Beatles) lawsuit. (Macworld UK)

– iTunes is safe in France.  The French senate has decided to gut a law which would have protected users from DRM and forced Apple to license its Fairplay technology. The watering down of the legislation has angered some French consumer groups.(Inquirer)

– Sirius reported wider losses despite increased revenue yesterday with payments to Howard Stern a major factor. (LA Times)

– Canadian artists step up their criticism of the recording industry and DRM.  (Hollywood Reporter via Yahoo!