AfterNap Deals in P2P Partners; Offers Partners $600 Million.Business Editors/High-Tech Writers MINNEAPOLIS--(BUSINESS WIRE)--April 2, 2001 J. River today revealed an innovative plan to pay $600 million to digital music delivery business partners. The company will pay operators of high-volume servers and other partners for delivering files for AfterNap, its legal, Napster-like service. With proprietary technology already in place, and patents pending, the company seeks to include and compensate organizations and entrepreneurs for content delivery. The plan will enable legal file trading of quality content, and will create a more efficient delivery system. J. River intends to pay at least $600 million over the next five years to this partner network, and indicates that it could be much more. J. River will use the massive infrastructure of servers and marketers already in place to support the system. This announcement follows J. River's recent offer to pay record labels at least $3 billion over the next five years for allowing a legal, Napster-like service to launch. Fans, in turn, will be required to sign on as paid AfterNap subscribers. J. River is offering free trial subscriptions. "The best way to facilitate cooperation in this environment is to offer financial incentives to the key players," says Peter Sohal, J. River's VP of Marketing. "AfterNap will pay the portal, the brick and mortar See bricks and mortar. national retailer, the software developer, the ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. , and even the college student with a large server." The only requirement is that they must agree to abide by To stand to; to adhere; to maintain. See also: Abide the principles of AfterNap, J. River's Web site dedicated to bringing fans and labels together. J. River is also soliciting software developers. The company has a plug-in solution that allows AfterNap file sharing Copying files from one computer to another. See peer-to-peer network, file sharing protocol and file and printer sharing. capabilities to be integrated into a wide array of software products. Developers of AfterNap-enabled applications can benefit economically by becoming partners. The plug-in also handles e-commerce, licensing, and decryption (cryptography) decryption - Any procedure used in cryptography to convert ciphertext (encrypted data) into plaintext. . AfterNap software is operational now, but won't be released until J. River finalizes discussions with record labels. "We are building a bridge between music fans and the labels," says John Norris John Norris may be:
J. River is signing up subscribers now at www.AfterNap.com Potential partners are invited to contact music@jriver.com About J. River J. River is the developer of the popular Media Jukebox A storage device for multiple sets of CD-ROMs, DVDs, tape cartridges or disk modules. Using carousels, robot arms and other methods, a jukebox physically moves the storage medium from its assigned location to an optical or magnetic station for reading and writing. software, which plays all popular music formats, including MP3, QuickTime(TM), Audible(TM), Microsoft(R) Windows Media Microsoft's audio and video framework for Windows, which embraces playback, encoding and streaming. Windows Media Player is the digital jukebox and media player that comes with every version of Windows. (TM), LiquidAudio(TM) and RealAudio(R). Support for secure MusicEx files allows e-commerce opportunities for owners of music and other digital media. For a free download visit www.musicex.com J. River develops DRM-compatible e-commerce solutions and network connectivity software. For more information about J. River's music products, visit www.musicex.com, e-mail music@jriver.com, or call 612.677.8200. J. River's MUSIC EXCHANGE is the only DRM (1) (Digital Radio Mondiale) A digital audio broadcasting (DAB) system for AM radio in Europe. See HD Radio. (2) (Digital Rights M technology designed to serve the recording, video, software, and publication industries as an open standard for secure sales, distribution and licensing of digital files. This modular system provides a complete and flexible e-commerce solution, including simple and secure ordering, permanent content encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. , secure content distribution, and easy license management. J. River MEDIA JUKEBOX and J. River MUSIC EXCHANGE are trademarks of J. River, Inc. Other marks are property of their respective owners. |
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