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

To: Starlight who wrote (16097)	11/20/2000 12:03:19 PM
From: bob	Respond to of 18366

Betty, Maybe they can give the TREO 5 1/2 *'s since we are an improvement over their top pick already. LOL! Cheers.

To: Starlight who wrote (16097)	11/20/2000 12:22:42 PM
From: bob	Respond to of 18366

EMI to Sell Music Online in Europe; Agrees Fee-based Service London, Nov. 20 (Bloomberg) -- EMI Group Plc, the world's No. 3 record company, said it bought stakes in two U.K. digital distribution companies ahead of establishing an online market for its music in Europe next year. EMI has run a music download trial in the U.S. since July and plans to extend that service to Europe. The company bought stakes in DX3 Ltd. and closely held On Demand Distribution Plc, co- founded by Peter Gabriel, a musician signed with EMI and a former member of Genesis, a rock group. The investments will ``put things in place to promote a legitimate online (music) market,'' said Richard O'Brien, an EMI spokesman. ``We want our music to be available to as many people as possible.'' He wouldn't say how much EMI paid for the stakes. EMI and other music companies are joining together to cut distribution and marketing costs and to sell more music on line. Bertelsmann AG, the closely held owner of the BMG record label with singers such as Britney Spears, is considering merging its music business with EMI, whose artists include the Spice Girls and Tina Turner. EMI's online foray comes after five major record companies sued Napster Inc., an Internet service that allows its 38 million users to download music files for free, in the U.S. Napster is waiting for a decision from a federal appeals court in San Francisco on whether its file-swapping service can legally operate. Bertelsmann formed an alliance with Napster last month and agreed to drop its lawsuit if the New York-based Internet company introduces a subscription fee for its site. Separately, EMI also said it agreed to provide its music content to closely held Streamwaves.com, a Dallas, Texas-based Internet company that will offer music files online for a subscription fee. The site will be introduced next year. Users can access music on line in two ways, either download files to their computer and replay them at will, or pay a subscription fee and limit their use to listening online, a service called ``streaming.'' ``Music fans have loudly declared that they want music on demand,'' said Jay Samit, head of New Media at EMI, in a statement. Streamwaves can offer fans a ``user-friendly subscription service.'' Nov/20/2000 11:18 ET