Morning Heds: RIM CEOs Out, HMV's New Banking Terms, Does Facebook Make People Sad?
Morning Heds: RIM CEOs Out, HMV's New Banking Terms, Does Facebook Make People Sad?

If the feds can shut down Megaupload, why do we need SOPA?
Ars Technica

For more than a year, the Motion Picture Association of America and the Recording Industry Association of America have argued that existing laws were insufficient to deal with the problem of "rogue sites" hosted overseas. But evidently, American law enforcement didn't get the memo that they were powerless against overseas file-sharing services.

Exclusive: Megaupload's CEO Is Not Swizz Beatz, But He's Still Interested
MTV

Swizz Beatz is not the CEO of Megaupload, the file-sharing website that was shut down by the federal government on January 19, as was previously reported. A source very familiar with Swizz's situation cleared the air for MTV News late Saturday night, but contends that the multi-platinum producer is still seriously involved with the company.

CEOs Out, But Will RIM's Leadership Shakeup Be Enough to Placate Angry Investors?
AllThingsD

By appointing both a current executive as CEO and existing board member as its new chair, it is unclear if the market will see the shakeup as sufficient.

HMV back on song after banking lifeline

The Independent

Its banks have eased its covenants in response to HMV granting its key music and film suppliers, including Universal Music, EMI, Warner Brothers, Sony Music and Disney, warrants over 2.5 per cent of its equity. HMV's banks are waiving and re-setting.

What A Facebook Deal With Vevo Could Unleash
paidContent.org

Such a deal would help Facebook close the gap with the leaders in web video.

Media Decoder: Tablet and E-Reader Sales Soar
New York Times

The report, from the Pew Research Center's Internet and American Life Project, found that the share of adults who owned tablet computers increased to 19 percent from 10 percent, with the same increase for adults who owned e-readers.

Study: Why Facebook is making people sad

Digital Trends

As Facebook becomes a more powerful influence in our digital lives, researchers are looking into how the social network changes our perception of the lives of friends and family members.

Drake Performs for Sundance Film Festival Attendees
AllHipHop

Drake performed for Sundance Film Festival patrons last night, despite being nearly three hours tardy to the show due to blizzard-like conditions in Park City, Utah.

Flush Latin buyers look to NATPE
by Variety

Miami, the gateway to Latin America, will once again host a wave of NATPE attendees from a region that has emerged relatively unscathed by the global economic crisis, posting dynamic economic growth and a predominantly young population that spells burgeoning programming needs from both general and pay TV markets in the territory.

On the Front Lines at NAMM 2012
Music Industry Newswire

All of the major music equipment manufacturers have an exhibit booth at NAMM. So you go to the convention to see what you ought to buy to sell to your customers.

WashPost's Narisetti Takes Over WSJ.com

All ThingsD

Raju Narisetti, who is currently managing editor of the Washington Post, has been named managing editor of The Wall Street Digital Network. Narisetti, who has worked for the News Corp.-owned WSJ in the past, replaces Kevin Delaney, who recently left the site to start a global business news site venture at Atlantic Media.

Chicago celebrates music history in revived zone
Chicago Tribune

Chicago has rezoned Motor Row -- near Chess Studios, the famed "home of the electric blues" -- as a live entertainment district, set to open in early 2013.

William Orbit hints that Blur are working on a new studio album
NME

Two of the producer's tweets seem to suggest that the Britpop band are set to record together once again

Stradivari Cello Sells for More Than $6 Million

New York Times

A cello that belonged to Bernard Greenhouse, a founding member of the Beaux Arts trio, was sold to a woman who declined to be identified and will be on loan to an 18-year-old cellist.

The Media Equation: How Esquire Survived Publishing's Dark Days
New York Times

David Granger, Esquire's editor in chief, departed from standard design templates and modernized the magazine, helping to revive a publication many had left for dead.