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Technology Stocks : MPPP - MP3.com
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To: Walter Morton who wrote ()5/16/1999 10:29:00 AM
From: Jeff Harrington  Read Replies (1) of 1116
 
I'm a member of MP3.COM and will be able to buy shares through their artist support services. I've had over 50,000 downloads in 4 months and received one check for DAM CD sales. I'm a web programmer and a musician and look at MP3.COM as a portal play with a very interesting business model. Kind of like EarthWeb in the way that they got up first in this regard (EarthWeb did the whole Java Portal thing first) and have the branding and the promotion ahead of everyone.

Their new colored DAM CD's with jewel cases have the chance of making it into the stores, on-line stores certainly, which would give them an immediate catalogue of 11,000 artists.

Don't expect this to be about getting a signed name artist. This is about anarchic business models where huge numbers of artists each get 3-10 CD sales a month and the numbers just pile up. Labels will be providing their own MP3.COM portal plays, I believe and won't come to MP3.COM for deals. They'll probably attempt a pay-per-play scheme that will fail.

Also, don't bother looking at competition from alternate downloadable formats. It doesn't matter. It's piracy pure and simple that has made MP3 a success and piracy that will keep people using the format as it evolves into a better and better model. By adopting the free range format of the pirates MP3.COM has made themselves an instant monstrously big portal play.

It's the sheer numbers of free music files and the sheer volume of downloads, listens, eyeballs that will make MP3.COM a huge success.

Jeff Harrington
mp3.com
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