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MP3 is music to their ears

As MP3.com makes a stunning market debut, recording industry executives voice a profound reversal, saying the Net and recording industries should work in harmony to distribute music.

 

  latest developments 

As MP3.com makes a stunning market debut, recording industry executives voice a profound reversal, saying the Net and recording industries should work in harmony to tap a potentially huge market for distributing music over the Internet.

"The RIAA and the record labels have accepted the fact that MP3 is OK."

- Mark Mooradian, analyst, Jupiter Communications

 


MP3.com flies in trading debut
update Shares of MP3.com close up more than 126 percent following a wild first day out.

Recording industry sings new Net tune
Q&A For the record industry, it's no longer about fighting the way the Internet is changing the landscape--now it's about embracing it, according to Recording Industry Association of America CEO Hilary Rosen.

previous coverage
MP3.com IPO prices over top of range
update MP3.com is making noise, pricing its initial public offering at $28 per share, $2 over the top of its just-upped range.

Sony Music to launch music hub
The company will join the ranks of media firms launching music hub sites with its new project, Uville.com, Sony Music executive Fred Ehrlich says.

MTV Networks, RioPort do downloads
MTV Networks Online joins forces with Diamond Multimedia subsidiary RioPort to expand its online offerings to include secure music downloads.

Universal Music hears digital calling
The record label announces plans to make its recordings available for digital downloading by the next generation of portable playback devices.

EMusic deals with U.K. music firm Crunch
An Internet company that has pioneered the sale of music for digital download in Europe forms a strategic partnership with EMusic.com to expand its business.