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Technology Stocks : Sony Corp - Sony -- Ignore unavailable to you. Want to Upgrade?

To: Neil H who wrote (74)	4/16/1999 10:09:00 AM
From: Don Dorsey	Read Replies (1) \| Respond to of 497

IBM, Sony Collaborate on Net Music LOS ANGELES, Apr 16, 1999 (AP Online via COMTEX) -- IBM and Sony Corp. will collaborate on a new joint venture aimed at protecting recording industry artists from having their music illegally copied and distributed over the Internet. Under the plan, announced Thursday, Sony would configure its audio-player recorders, such as the ''Memory Stick Walkman,'' to receive content purchased and downloaded over the Internet using IBM's Electronic Music Management System. All music content downloaded with the IBM or Sony products would be recorded and played back using copy-control settings selected by the artist. ''As an electronics company with strong commitments to the entertainment industry, Sony respects the rights of artists and other copyright holders,'' said Sunobu Horigome, president of Sony Corp.'s Digital Network Solutions Company. ''We share this vision with IBM, and we look forward to working together to propose to the music industry the technology solutions essential for establishing a secure platform that will offer consumers quick, convenient access to digital music content.'' IBM reached a deal earlier this week with broadcast software company RealNetworks Inc. to test a system this summer that will deliver music online. Digital music sales represent just a tiny fraction of the $12 billion music industry. But revenue is expected to grow dramatically as technology makes it easy for computer users to listen to music from Web sites The music industry is battling increasingly popular technology that lets people make illegal copies of music distributed online. A main target of the industry is MP3, an increasingly popular technology allowing for rapid transfer of music over the Web. This format has helped fuel the popularity of the Rio, a Walkman-like device that plays MP3 music files. Copyright 1999 Associated Press, All rights reserved.