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To: steve harmon - analyst who wrote (174)	2/16/1999 11:13:00 PM
From: mod	Read Replies (2) \| Respond to of 4337

<<mp3 has a chance to be big but first must overcome the piracy cloud>> Piracy cloud? That's not a cloud, it's a feature! The bloated record companies wanted to ban cassettes too, though they settled for a royalty on blank tapes, even if you never record music on them. Looks to me that mp3 is the deathknell for the labels, but a boon for artists. They can give away their songs, and make their money on ads. Say it takes 20 minutes to download a song, they can rotate a variety of ads during that time. What does a band actually get in royalties per track from a record label? $0.10 or $0.20 per track, they should be able to earn that in ad revenue and merchandise sales.