In a twist of fate of the future of online digital music distribution, details are being reported that MP3.com and EMI are about to announce a new partnership. The new deal will have EMI's recordings featured on the ever infamous my.mp3.com service.

MP3.com has given a reported estimated $20 million dollars to EMI in damages, as a settlement from the recent litigation brought about the company from EMI and several other members of the RIAA.

The deal is the third such agreement with a RIAA member, leaving only Sony Music Group and Seagram's Universal Music Group as the two major labels whom have yet to reach an agreement with Mp3.com for the use of their music on it’s service.

The question is, with the fall out of the online IPO market since last year, and MP3.com having plenty of cash from their multi billion dollar IPO, does anyone else have the money to sign these agreements with the members of the RIAA other then MP3.com?