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To: John F Beule who wrote (3966)7/29/1999 3:00:00 AM
From: Scott C. Lemon  Read Replies (1) | Respond to of 5843
 
Hello John,

> Scott, OTS: what is your take on LQID?

I'm looking into it again to see what value they have, and where they might be going ... I'll try to post some results of my research ...

> I own this one also because IMO the copyright crossroads that MPPP
> faces will eventually need to be addressed. It's more of a
> speculative play for me and I would appreciate your opinion on it.

I'm afraid that copyright is going to see some incredible changes in the not to distant future ... not that I agree with it, but i think it's going to happen. It will be more and more difficult to compete on copyright since we will have access to so much content that people will offer for free ... I think that Jon Katz said "Attention is the currency of the future." and he's right ...

MP3 is here to stay as a format ... not to be confused with MP3.com the portal site. MP3 is the preferred format of the new Internet addicts and hundreds of megabytes of MP3 format music are crossing the Internet as you read this. There are extensive networks which provide the mechanism to search for, or request, almost any music CD in MP3 format ... there are new economics of "ratios" that have evolved to "charge" for the files. (i.e. you give me 2MB and you can have 5MB, or if it's rare music, you give me 10MB and I'll give you 1MB ...)

As for MPPP I have been following them since their early days and the core value that I can see in them, is that they are the first Internet "record label" of significance that I have found. They are singing up hundreds of bands exclusively for distribution of audio over the net ... but I still don't quite understand the model ... but that's the Internet paradigm that we have all witnessed - "I don't know how they are going to make money, but look at that stock go!"

> Thanks in advance,

I'll try to get some feedback on LQID ...

> John

Scott C. Lemon