The New York Times (free subscription required) notes that Hilary Rosen, chairman and chief executive officer of the Recording Industry Association of America (RIAA), said she believed Apple had “struck an industry-friendly balance” with its reported music service. It “has compatibility with a hardware product that is elegant and easy to use,” said Rosen, who said she planned to attend Apple’s special event later today. “The Apple system has the potential to do for music sales what the Walkman did for the cassette,” she added.