Mark Fleischmann

Music industry executives have been discussing the possibility with Apple, reports the news network. If the plan moves forward, it would allow consumers to buy music files encoded at 24-bit resolution, as opposed to the 16 bits used for CDs and compressed files.

The 24-hour channel launched Sunday, February 20 (just last weekend) at 6 p.m. Its debut offering was the 2011 Tim Hortons NHL Heritage Classic with the Montreal Canadiens squaring off against the Calgary Flames. Next up was a Kings of Leon concert. The channel plans to show concerts, sports, movies, and original programming.

Last month Borders got a $550 million line of credit from GE Capital, noting at the time "the possibility of an in-court restructuring." Now that the deal is done, the initial effect will be closure of 30 percent of the chain's 650 stores. Borders will also delay payments to vendors, landlords, and other creditors.

While 1080p was already dominant in 40-inch-plus models, it is now dominant in all models, as of the fourth quarter of 2010. The market share of 1080p was 51 percent in 2010 overall and rose to 54 percent in the fourth quarter of that year.