July 28, 2000 |
MP3.com Inc. reached an agreement with EMI Group that will allow the online music company to use songs owned by the British record label in the My.MP3 Web-based database, a source familiar with the talks said Thursday. "An announcement is expected Friday that says MP3.com can use EMI's music as part of the My.MP3.com service," the source said. MP3.
June 26, 2000
The PC Data Online Top 10 Hit Lists are based on traffic obtained from a sample panel of more than 100,000 U.S. home Internet users, balanced to represent the U.S. home Internet population. For the week ended June 17: * Web site not on last week's Top 10 list Entertainment *--* % of total Unique This Last Web audience users week week Site reached (thous.) 1. Real.com 4.7% 3,588 2. 2. ESPN.com 4.5 3,439 3. 8. PlanetofMusic.com 4.0 3,086 4. 4. MTV.com 3.4 2,597 5. 7. Napster.com 2.9 2,229 6. 3.
June 16, 2000 |
Why is Wall Street so enamored of MP3.com? Stock in the unprofitable San Diego company soared 50% last week after it agreed to fork over an estimated $110 million in licensing fees and damages to resolve a copyright infringement suit by the nation's biggest record conglomerates.
June 13, 2000 |
MP3.com (MPPP) Jim: Don't buy Mike: Don't buy * Mike: To me, MP3.com evokes the name of Joseph Schumpeter, the noted economist who embraced the notion of "creative destruction." Jim: I'm familiar with him and his notion, but when it comes to what this has to do with MP3.com, I have no idea what you're talking about. Mike: As you know, Jim, Schumpeter's doctrine is that as companies age they die off or get knocked off by being taken over.
June 10, 2000 |
Creating an uneasy marriage of necessity between two longtime foes, online music portal MP3.com Inc. settled copyright-infringement claims by two of the world's five largest record labels who brought the suit last January. Time Warner Inc.'s Warner Music Group and BMG Entertainment, the music unit of Bertelsmann, are the first of the labels to settle the suit, which claims MP3.com infringed their copyrights by giving users access to an online database of 80,000 CDs.
June 8, 2000 |
Time Warner is poised to sign an unprecedented, multimillion-dollar licensing deal this week with controversial MP3.com, sources said. The two-year agreement, which could be announced as early as today, would require MP3.com to pay an estimated $6-million advance plus additional licensing fees for future use of Warner Music Group recordings appearing on the Internet company's Web site, sources said.
May 11, 2000 |
MP3.com cut off access Wednesday to all songs owned by major record labels on its controversial "My.MP3.com" service as negotiations to settle a copyright infringement lawsuit with the music industry continue. The move follows a federal judge's ruling April 28 that the San Diego-based Web site had infringed upon the record labels' copyrights by transmitting, for free, hundreds of thousands of songs to computer users who subscribe to My.MP3.com.
May 5, 2000 |
MP3.com Inc. is using "indefensible" and "frivolous" arguments to justify its online distribution of copyrighted music, a federal judge said Thursday in a decision explaining last week's ruling that MP3.com had infringed record company copyrights. U.S. District Judge Jed S. Rakoff ruled Friday that San Diego-based MP3.com had infringed the record labels' copyrights by transmitting, for free, tens of thousands of songs to computer users who subscribe to the company's "My.MP3.com" service.
May 2, 2000 |
Shares of MP3.com rebounded Monday as the world's largest record companies said they were stepping up efforts to settle their dispute with the online music company after a federal judge's ruling Friday that MP3.com violated copyright law. The shares were up 20%, or $1.41 to $8.41, amid heavy trading. The stock fell 40% Friday after Judge Jed Rakoff of the U.S. District Court of the Southern District of New York ruled that San Diego-based MP3.
April 29, 2000 |
In a victory for giant music conglomerates, a federal judge ruled Friday that a controversial online music service invented by MP3.com violates U.S. copyright law. The ruling is a serious blow to the San Diego-based company and other Internet entrepreneurs that had hoped to capitalize on new digital technologies that make it easy to copy music owned by the world's five largest record companies.