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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: steve h who wrote (57363)	6/15/2000 7:47:00 PM
From: TeamTi	Read Replies (1) \| Respond to of 122087

SteveH - we all have to start somewhere. See the post about MPPP in this thread. Notice that a lot of the conclusions are conjecture. Read the MPPP 10K and note that Groupe Arnault laid out 45 M cash and an irrevocable letter of credit for the remaining payment which MAY suggest cash payment. The agreement is an exhibit to their 10 - K and S - 1 and can be requested from investor relations of MPPP. More philosophical reading on the whole music biz below: Courtney Love, lead singer of Hole, goes into depth (and considerable intelligence, colorful language notwithstanding), on the music biz, record companies, Napster, Gnutella, the Internet, and how the artist gets the short end of the stick in all of it, in this Salon rant. She doesn't seem to touch on business risk (the band that doesn't sell 1m records), but otherwise hits a number of key points. Now artists have options. We don't have to work with major labels anymore, because the digital economy is creating new ways to distribute and market music. And the free ones amongst us aren't going to. That means the slave class, which I represent, has to find ways to get out of our deals. This didn't really matter before, and that's why we all stayed. I'll quibble one point: Courtney ain't no content provider, she's a discontent provider. Interesting reading. salon.com