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To: jhg_in_kc who wrote (12155)4/2/2001 12:05:53 PM
From: horsegirl48  Respond to of 13572
 
everytime emc appears to have bottomed it takes a nose dive



To: jhg_in_kc who wrote (12155)4/2/2001 12:14:31 PM
From: Boplicity  Read Replies (1) | Respond to of 13572
 
I believe RNWK has made a bottom and has based long enough to warrant a buy on my part. My initial target price is 10, a break above there then 12, then 16. The deal with AOL/Time Warner, is only the beginning of the legitimizing the digital distribution of music media. I feel the combination of AOL/Time Warner and Real Networks has the name recognition with safety attached and the power to make it happen.

Chart---> stockcharts.com[w,a]dbolnimy[dc][pb25!b50!b100!b200!a10!a5!f][vc60][iUc20!Ua12,26,9!Lb14!Lf!Lg!Lj[$spx]]

Story:

<<Music Subscription Partnership Made

.c The Associated Press


NEW YORK (AP) - RealNetworks, maker of a popular Internet-based music and video player, is partnering with record label owners AOL Time Warner, Bertelsmann AG and EMI Group to create an online music subscription service, the companies announced Monday.

Called MusicNet, the venture will allow music fans to download their favorite songs over the Internet, but will require them to pay for it.

``The launch of MusicNet will catalyze an exciting new era in digital music distribution,'' said RealNetworks chairman and CEO Rob Glaser, who will also serve as chairman and interim CEO of MusicNet. ``MusicNet will offer consumers an easy, simple way to get the highest-quality music while also protecting the intellectual property of record companies and artists.''

The deal marks the first time so many major labels have agreed to license music for mass online distribution, the companies said.

Other music download services, most notably Napster, have come under fire for allowing free downloads of songs for which they don't own the copyrights. Napster is currently facing a court-ordered injunction limiting what it may offer on its music download Web site.

Under the terms of the deal announced Monday, the record labels and RealNetworks will each own a minority stake in MusicNet. Each label will license music to MusicNet on a non-exclusive basis. The company also will seek to partner with other labels for content. >>

Also, Start here on the RNWK board Message 15356217

Bebop.