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Short Take: Net-only record firm launches single in MP3

GoodNoise--a Net-only record firm--has launched its first tracks using MP3, a format that produces highly compressed files with good sound quality and is favored by pirates. The songs, by Frank Black and the Catholics, cost 99 cents each, GoodNoise said. The album, to be released in MP3 format next month, will cost $8.99. The move follows Hollywood Records' release last week of a free promotional single in MP3 format.

GoodNoise--a Net-only record firm--has launched its first tracks using MP3, a format that produces highly compressed files with good sound quality and is favored by pirates. The songs, by Frank Black and the Catholics, cost 99 cents each, GoodNoise said. The album, to be released in MP3 format next month, will cost $8.99. The move follows Hollywood Records' release last week of a free promotional single in MP3 format.