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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?

To: J.N.N. who wrote (15523)	10/23/2000 10:02:58 AM
From: bob	Respond to of 18366

AOL to Start Music-Subscription Unit, Seagram's Universal May Follow Suit Oct 23,2000 Staff Reporter of The Wall Street Journal In the latest sign that music subscription is emerging as a prominent avenue for delivering music through the Web, America Online Inc. said it is developing an online music-subscription service, and Seagram Co.'s Universal Music Group has launched a test of a subscription-music service. AOL talked to record companies about possibly licensing their music for a subscription service earlier this year, but last week AOL President Robert Pittman made comments to analysts in separate meetings for Time Warner Inc.'s and AOL's earnings that were the first public confirmation of the company's plans. Mr. Pittman told analysts that AOL was "actively working to put together" a service that would take online music to "mainstream consumers." Exactly how AOL's service will work isn't clear and AOL declined to elaborate. Universal's test, which began quietly earlier this month, allows 5,000 participants to choose from a catalog of 20,000 songs and play the music on a "streaming" basis. Streaming doesn't allow music to be stored, unlike downloads from the Internet. While Universal is likely to eventually charge a monthly fee of about $15 to subscribers, participants in the test aren't being charged. The test is designed to gauge consumer response and to see how the technology works, a person familiar with Universal's plan said. Universal had agreed to develop the subscription service with Sony Music Entertainment, a unit of Sony Corp. of Japan, but Sony isn't participating in the trial yet. While Internet radio services offer streamed music, they don't let consumers pick and choose the songs they want to hear, whereas Universal's subscription service would allow consumers to play their favorite song as often as they want, according to a person familiar with the company's plans. Internet music executives have long advocated development of subscription-music services but many record-company executives were resistant, worried that allowing people to listen to music on demand for a fixed monthly fee would erode traditional sales. That view was particularly felt at Warner Music Group, whose parent company, Time Warner, is planning to merge with AOL later this fall. In recent months, worries at Warner and elsewhere in the record industry have largely dissipated, however, as it became clear that the services could be offered through streaming rather than downloading. Warner Music executives are now considering licensing their music to various subscription services. Record executives say subscription music services will need to offer all music to be attractive, rather than just the music of an individual label. That is partly why Universal and Sony teamed up earlier this year to develop a joint service, although the two companies haven't yet hammered out details of their venture. A person close to Sony said Sony was likely to be involved eventually in Universal's trial. Universal aims to launch its service commercially by the beginning of 2001. By that time, Universal hopes to have not only Sony involved but to have signed up other record companies, said a person familiar with the plan. The company will also have to resolve what type of license the service needs, to ensure it has the right from both recorded music companies and music publishers to play the music on a subscription basis. Original post by FGATOR on RB. Cheers.

To: J.N.N. who wrote (15523)	10/23/2000 11:13:20 AM
From: Burt Roger	Respond to of 18366

J.N.N.: The questions you pose to another poster is probably in part best understood by the following: Narcissists are in love with themselves and are usually perplexed and upset when others don't respond in kind. In addition to the flawed thinking and need to be right, the other poster is mesmerized by any response that validates his need to be recognized. A response is like a light bulb to which insects are attracted. Many of his mis and overstatements are much like the harummph and SHM socialization he believes others need or use for acknowledgement. The misstatements and exaggerated overstatements he makes serve him well in that they often generate a response he so desperately needs. Contacts on this venue probably represent 99% of his social life, the remaining % being the gas station attendant and person at the supermarket checkout counter. Therapy can only help those that believe there is a need, seek it out and work hard at it. Perhaps that is somewhere in the poster's future. I hope so.

To: J.N.N. who wrote (15523)	10/23/2000 12:16:13 PM
From: Jon Tara	Respond to of 18366

J.N.N., I doubt very much that EKN has been involved in shorting EDIG. I would like to know how to short EDIG. You can't short it in the U.S., it is difficult for a U.S. citizen to open a Canadian account, and once you do, the margin requirements on shorting OTC-BB stocks are prohibitive. As far as I can tell, shorting OTC-BB stocks, at least by the public (MMs are a different story) is nothing but yet another urban legend. But I would like to know if there IS a practical way to short OTC-BB stocks.