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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

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Mar 20 5:00 PM EST

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To: SaraRam who wrote (3747)	5/6/1999 7:47:00 AM
From: george damas	Read Replies (1) of 18366

Seems like the Lucent/EDIG collaboration is going to try a deal along these lines, excerpt from todays WSJ: Seagram's Universal Music Unit Is Pursuing Internet Music Allies Seagram Co.'s Universal Music Group is enlisting powerful allies including AT&T Corp., BMG Entertainment and Matsushita Electric Industrial Co. to back its digital music-delivery system in an aggressive push to become the de facto standard for delivering music over the Internet. AT&T said earlier this week that it "wants to be a major player" in selling music online, and early involvement in promising new business areas such as the nascent music-delivery business could certainly help justify AT&T's heavy investment in cable systems. A deal to collaborate on a digital delivery platform, code-named "Nigel," could be signed as early as next week, although people close to the talks caution it could still fall apart, or the closing could be delayed by AT&T's intense focus on the pending acquisition of MediaOne Group Inc. George

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