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No harmony in online music

With all the activity in the online music space of late, only one thing is certain: all the parties involved show no signs of agreeing on an array of major issues.

 

  latest developments 

With all the activity in the online music space of late, only one thing is certain: all the parties involved show no signs of agreeing on an array of major issues.

"This is a particularly difficult negotiation for both sides, because this is a brand-new industry with very fluid business models."

- Jonathan Potter, director, Digital Media Association

 


Deadline looms in Webcast license fee talks
The period for negotiations over a license fee to be paid by Webcasters to record companies ends tomorrow, but both sides say a timely agreement is unlikely.

The latest digital music alliance
AT&T, Matsushita Electric Industrial, Bertelsmann's BMG Entertainment unit, and Seagram's Universal Music Group form an alliance to jointly develop a system to distribute music online.

RIAA lets MP3 stay in music devices
Portable devices that download music off the Net will still play MP3 files--even already-existing illegal ones--after specifications from a record industry initiative are in place, sources say.

Net music sales to hit $4 billion by 2004
Music sold through the Internet will account for 8 percent of the $47 billion worth of music expected to be sold in 2004, according to a report.