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Revision History For: EMUSIC (EMUS) The Future is Here

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Return to EMUSIC (EMUS) The Future is Here
 
At long last, GoodNoise has changed its name to emusic.com and, as of today, June 2, 1999, will be listed on the NASDAQ (symbol: EMUS).

For those unfamiliar with the company, EMUS is a pioneer in the online distribution of downloadable digital music, and its chairman wrote the book on music licensing. The power and momentum of this cutting-edge industry is reflected in today's purchase by AOL of two weaker internet music companies for a total of $400 million in stock.

The ideal business model for downloadable music remains to be seen; however, it appears that EMUS is well-situated to capitalize on this rapidly developing market.