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Technology Stocks : MUSIC STOCKS: HIGH-TECH AND INTERNET- Winners and losers.

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To: Rande Is who wrote (140)	7/27/2001 10:03:13 PM
From: ~digs	Read Replies (1) of 179

NPR reporting on: ---"The 'Net After Napster ; New File-Sharing Systems Begin to Fill the Void"--- Audio: Hear the radio segment from All Things Considered. npr.org July 26, 2001 -- The court order against Napster was supposed to make the Internet safe for the record industry to do business online. When Judge Marilyn Hall Patel ordered the free music site to block its users from trading copyrighted music in March, record labels cheered while fans fled the site in droves. By the time Napster suspended operations of its own accord early this month -- reportedly due to software problems -- more than 95 percent of the music that had once been available was gone. But as NPR Cultural Correspondent Rick Karr reports, almost all of that music is still available through a handful of popular new file-trading programs. Karr conducted an informal and unscientific survey to find out what's out there: He asked a random sample of people nationwide to tell him what music they would like to download right now, given the chance. The result: All of their requests were readily available online for free. The free-music landscape has changed since Napster's heyday. First, Napster's progeny offer more technological bells and whistles. Some have built-in MP3 music players. Many correct technological glitches that frustrated Napster users. And all of them let users trade movies, computer games, photos and documents in addition to music. Second, the new generation of file-sharing applications will be harder to shut down with a single lawsuit. Some have no central computer running operations, as Napster did, and many aren't even run by corporate entities -- they're merely agglomerations of users who are all running the same software. One firm is based overseas, beyond the reach of U.S. court orders. What's the bottom line for the music industry, which plans to start offering music over the Internet by paid subscription later this year? Analyst Ric Dube of research firm Webnoize tells Karr that labels need to make sure the new services are easy-to-use and offer users the wide range of music they can get from Napster's successors. Without that, Dube says, Internet music fans will likely continue to download music for free. npr.org

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