SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Diamond Multimedia -- Ignore unavailable to you. Want to Upgrade?


To: Springer who wrote (4306)4/21/1999 7:02:00 PM
From: steve patagonia  Read Replies (2) | Respond to of 4679
 
DIMD is just starting to expand big time. They don't own MP3.com but they do own Rioport.com and have more MP3 players out there than anyone. Earnings arn't everything. Regardless read latest from Bloomberg.

MP3.com Near Agreement With Morissette, Hollywood Reporter Says

New York, April 21 (Bloomberg) -- MP3.com, which distributes music over the Internet, is in negotiations to sponsor dates of Alanis Morissette's upcoming North American tour, the Hollywood Reporter online reported, citing unidentified people. As part of the agreement, Morissette would receive an undetermined equity stake in closely held MP3. The move would mark the first time a ''top tier'' artist has endorsed the company's controversial technology, which enables people to easily download CD-quality music over the Internet, the trade publication said.

Morissette's record label is Maverick Recording Co., which is jointly owned by Time Warner Inc. and Madonna.

(Hollywood Reporter 4/21 www.hollywoodreporter.com)

Apr/21/1999 9:52

For more stories from Bloomberg News, click here.

(C) Copyright 1999 Bloomberg L.P.



To: Springer who wrote (4306)4/21/1999 7:06:00 PM
From: steve patagonia  Respond to of 4679
 
Got this off the ticker from AOL:

The Recording Industry Association of America launched a failed lawsuit against Diamond in October to prevent shipments of the Rio, claiming it would be used to play bootlegged music.

MP3 technology lets users easily copy and distribute near- compact-disc quality music over the Web. San Jose, California- based Diamond operates a Web site, Rioport.com, where digital music is available.

Rio's popularity spurred recording industry executives to begin a series of meetings to develop alternatives to MP3 that would deter illegal copying of copyrighted music. There are an estimated 500,000 songs available in the MP3 format on the World Wide Web, many of them pirated.



To: Springer who wrote (4306)4/21/1999 7:10:00 PM
From: The Duke of URLĀ©  Respond to of 4679
 
Does anyone have a linc to the 10K or is it too early? TIA



To: Springer who wrote (4306)4/21/1999 7:35:00 PM
From: Terrence Von Holidae  Read Replies (1) | Respond to of 4679
 
I do hope they can execute a strategy resulting in the product focus they anticipate will assure strong earnings growth in the future. It is a difficult industry to follow by its very nature.

As a chameleon must respond to its quickly changing environment for survival, so I am believe must DIMD display equal dexterity in its quest for profitability . I hope management is up to the task of delivering.

I wish you the best ,

T.V.H.