Sue, Settle and Buy. The Net Music Shopping Spree.

posted onJune 2, 2001
by hitbsecnews

Now that the remaining Net Music sites are weakened by the bad stock market and RIAA lawsuits, the major labels are picking them up for a song. MyPlay.com was just picked up yesterday and both Launch.com and Aimster are in the crosshairs. The end result is the two upcoming lable services MusicNet and Duet think they will dominate Net music enough to be able to charge $20 PER YEAR for a CD! As the article says "That is a sign of an oligopoly's influence. An oligopoly can do that by eliminating choice, which is what these acquisitions accomplish".

MP3Newswire

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