Will EMI offer DRM Free Music Today?

Their is significant speculation that EMI is going to announce at 1pm in London that they are going to be allowing a significant portion of their catalog to be distributed DRM free.

Let me go on record and say that if this happens I will pledge to spend $500.00 on music from the EMI label over the course of the next year. It should be noted I have not purchased any music from any source in at least 6–7 years. Note: I will only honor this pledge if the open up the high majority of their collection.

The Wall Street Journal says this may be the case, but it could simply be the announcement of the Beetles collection being available on iTunes. I have never seen the WSJ do a April’s fools Joke before.