An anonymous reader writes "Ars Technica is reporting that EMI may announce on Monday that it will be freeing much of its catalog from the shackles of DRM. The Wall Street Journal, in a subscription-only portion of its site, is saying that that Apple CEO Steve Jobs will be present at the announcement in London and that the music will be sold through the iTunes Store and possibly other online outlets. In early February rumblings were heard that EMI was thinking about ditching DRM, but EMI was unable to entice the likes of Apple, Microsoft, and others. As it turned out, EMI wanted a considerable advance payment to offset what it perceived as a risk: selling DRM-free music online. EMI's position was simple: if they sell music without DRM, then users will find trading it that much easier."
There's also rumours of an Apple/Beatles announcement sometime today
, perhaps tied into this drm decision.