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In the news: Apple rumors heat up

Published September 6, 2006

Rumors of Apple Computer's plans to launch a movie download service gained momentum Tuesday after the company sent invitations to the media saying "It's Showtime" for an event scheduled for next week.

The event scheduled for Sept. 12 in San Francisco coincides with the opening day of the Apple Expo in Paris.

Speculation of the iPod maker adding full-length feature films to its online iTunes Music Store have swirled for months. Apple already is a multimedia powerhouse with its song and TV show downloads.

Apple's first experiment with a full-length TV movie on iTunes was in March when it started offering the Disney Channel's High School Musical for $9.99. Apple CEO Steve Jobs became a board member and the largest stockholder of the Walt Disney Co. this year through its acquisition of Pixar Animation Studios, which Jobs also headed.

Analysts and industry observers expect Apple to soon introduce an iPod player with a widescreen display, which would be better suited for viewing movies.

Apple representatives did not return phone calls seeking comment.

Isley gets 3 years in prison

Ronald Isley has been sentenced to three years and one month in prison for tax evasion.

The 65-year-old lead singer of the Isley Brothers was also ordered to pay $3.1-million in back taxes to the Internal Revenue Service, said Assistant U.S. Attorney Robert Conte.

Isley was convicted last year of five counts of tax evasion and one count of willful failure to file a tax return.

During Friday's hearing, defense attorney Anthony Alexander argued that Isley should receive probation instead of prison time because of complications from a stroke and a recent bout with kidney cancer. He also pleaded for leniency because Isley had been attempting to pay down his IRS debt.

U.S. District Judge Dean Pregerson declined to sentence Isley to less time than called for under federal guidelines. "The term 'serial tax avoider' has been used. I think that's appropriate," Pregerson said.


[Last modified September 6, 2006, 06:09:42]

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