MP3.com-Nitsan Hargil, Senior Internet Analyst, Kaufman Brothers, The Internet Analyst News.Business Editors
NEW YORK--(BUSINESS WIRE)--May 16, 2000
When asked about the recent court ruling against MP3.COM (Nasdaq:MPPP (MultiLink PPP) An extension to the point-to-point protocol that enables two channels to be linked together to double the throughput. It is used for ISDN transmission and channel bonding. See PPP, ISDN and channel bonding. ), Mr. Hargil responded:
"The recording industry finds it scary that someone can distribute thousands of free digital copies of a song. But the record companies have been very slow in figuring out how to approach the Internet. There are still very few ways to buy digital music. We're several years into the Internet revolution, and to get digital music, you have to buy a CD. That's not very convenient. MP3.COM collected 80,000 CDs. The company said to customers, 'If you can prove you have a CD, we'll give you access to it from anywhere -- your home, office, jogging ... wherever you want it.' The recording industry liked the idea, but didn't like someone else doing it."
Other companies covered by Mr. Hargil are: Real Networks (Nasdaq:RNWK RNWK Real Networks (stock symbol) ), ON2.COM (AMEX AMEX
See: American Stock Exchange :ONT), Akamai Technologies (Nasdaq:AKAM AKAM Akamai Technologies, Inc. (stock abbreviation)
AKAM Automated Key Access Machine ), Digital Island (Nasdaq:ISLD ISLD International Society for Lasers in Dentistry
ISLD Island ECN, Inc. (stock symbol) ) and Audible.com (Nasdaq:ADBL ADBL Agricultural Development Bank Limited (Nepal) ).
To find out more about MP3.COM, read the interview in Multex.com's The Internet Analyst(sm), www.theinternetanalyst.com/min-tia/individual/000511sections/spotlight.html
Real Networks (Nasdaq:RNWK)