iTunes Plus has been released. Following EMI's announcement that it would begin offering its entire catalog DRM-free (and a barely-averted torpedoing of that plan), Apple has released an update to iTunes that offers DRM-free, 256kps AAC songs for $1.29. Entire albums are the same price as their DRM-laden counterparts. Those who have purchased EMI music can upgrade their files for $.30/song, $.60/album, or 30% of the album price. Currently only EMI is on-board, but Apple is perfectly happy to bring other labels into the DRM-free universe.
FairPlay is turned about. "DVD" Jon Lech Johansen, of DeCSS fame, has reverse engineered Apple's FairPlay DRM technology, which has thus far prevented 3rd-party digital music players from playing music purchased from the iTunes Store. RealNetworks did something similar in 2004, but Johansen is licensing it to whomever wants it.
Oh, the irony. This season of Survivor (premiering tonight!), CBS will offer $1.99 video downloads of each episode on its own site, bypassing middlemen such as iTunes and Google Video. The catch? Your download "survives" only 24 hours after you buy it. Remember how well DIVX did?