Author Archives: Arthur Pignotti

About Arthur Pignotti

Before joining CD-Info in 2010, Pignotti worked as a video editor, a multimedia designer, and a multimedia development manager at US Digital Media for 6 years. He has two BAs in journalism and history from Arizona State University and will be receiving an MA in history from Arizona State next year.

Three Hitachi-LG Executives Plead Guilty to Antitrust Charges

Posted on December 16, 2011 by Arthur Pignotti

Three Korean executives of Hitachi-LG Data Storage Inc. have agreed to plead guilty, pay a $25,000 criminal fine, and serve prison sentences from seven to eight months in the United States for participating in bid-rigging and price-fixing for the sale … Read More: Three Hitachi-LG Executives Plead Guilty to Antitrust Charges

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Netflix Loses 810K Subscribers, Precipitating Stock Decline

Posted on October 25, 2011 by Arthur Pignotti

While nobody thought Netflix’s release of its Q3 financial results was going to be great, it was worse than predicted. The company announced that it lost a net 810,000 domestic subscribers and will be in the red by 2012, which … Read More: Netflix Loses 810K Subscribers, Precipitating Stock Decline

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Rhapsody Acquires Napster, but Can It Compete Against Spotify

Posted on October 6, 2011 by Arthur Pignotti

Rhapsody has signed an agreement to purchase Napster from electronics retailer Best Buy for an undisclosed amount. According to the press release, “Rhapsody will acquire Napster subscribers and certain other assets, and Best Buy will receive a minority stake in … Read More: Rhapsody Acquires Napster, but Can It Compete Against Spotify

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Hitachi-LG Data Storage Will Plead Guilty to Bid-Rigging and Price-Fixing

Posted on September 30, 2011 by Arthur Pignotti

Hitachi-LG Data Storage will plead guilty to 15-count felony charge of bid rigging and price fixing of optical disc drives from approximately June 2004 to September 2009. The US Justice Department brought the charges today and will Hitachi-LG will pay … Read More: Hitachi-LG Data Storage Will Plead Guilty to Bid-Rigging and Price-Fixing

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Technicolor and Microsoft Sell Stake in ContentGuard

Posted on September 30, 2011 by Arthur Pignotti

Paris-based replicator and entertainment technology developer Technicolor announced that it sold its stake in ContentGuard Holdings yesterday, Sept. 29. Technicolor sold its 25.7% stake in the developer of digital rights management technology for $24.4 million to Pendrell Technologies. Pendrell Technologies, … Read More: Technicolor and Microsoft Sell Stake in ContentGuard

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