| |

Napster Gains Strength out of Germany
Posted by Mike Darrah in Archive on January 2, 2001 at 7:14 PM
One of the worlds largest independent record labels, Germany based Edel Music AG, has agreed to license its music for trade on Napster’s upcoming pay peer to peer service.
While exact financial details of the deal were not disclosed, the deal will allow Edel Music artists to be featured in Napster's promotional programs starting in February.
The four other major record labels Sony Music, Universal Music, EMI and Warner Music still have not adjusted their legal and tactical stance on Napster while litigation has been on a recess over the holidays, at least publicly.
The year is shaping to be quite interesting however with many new key lawmakers taking office with the new presidency in the US.
The newly announced deal with Edel Music AG shows a good sign of acceptance of the new revolutionary service through some other key players in the music industry. Perhaps this will be a sign to other players in the music industry that BMG may be on the right track in attempting to harness the power of the service instead of fighting it and the technology which allows it to be possible.
Printed from http://www.boycott-riaa.com/article/3360
|