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Net music deals loud and clear

On the heels of its landmark merger with America Online, Time Warner inks a deal with Britain?s EMI. The venture is expected to turn up the volume for the future of downloadable music.

 

  latest developments 

On the heels of its landmark merger with America Online, Time Warner inks a deal with Britain?s EMI. The multibillion-dollar venture is expected to turn up the volume for the future of downloadable music.

"The timing of this agreement could not be better."

- Eric Nicoli, chairman of EMI Group

 
Time Warner, EMI merge music units
update The joint venture creates a $20 billion Net music powerhouse with some of the biggest names in music entertainment on its roster of artists.

Microsoft taps Intertainer for Windows Media
update You've got Time Warner On the heels of its Windows Media licensing deal with Liquid Audio, Microsoft makes an undisclosed investment in Intertainer, a broadband service that delivers entertainment content to users with high-speed Net connections.

Previous coverage
RIAA sues MP3.com, alleges copyright violations
update In what could turn into a multibillion-dollar lawsuit, the Recording Industry Association of America sues MP3.com, alleging copyright violations stemming from a new service.

Can AOL Time Warner be Net music titan?
On its face, AOL and Time Warner together have the resources to create a music monster--but questions remain whether AOL is at risk in putting its stamp on one of the five major record companies.