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To: Felipe Garcia who wrote (4222)	5/14/1999 9:24:00 PM
From: 2MAR$	Read Replies (1) \| Respond to of 18366

MP3.com files for IPO biz.yahoo.com

To: Felipe Garcia who wrote (4222)	5/15/1999 12:48:00 AM
From: chris431	Read Replies (5) \| Respond to of 18366

What I've been saying all along (appears to be coming true): "According to a source who attended the SDMI meeting last week, participants discovered that the Internet and music industries have precious little in common. Coming to a consensus on the delivery of digital music may be all but impossible, said the source, who requested anonymity." "There are several encryption and security companies currently working on the proposed trigger device that will present their solutions within the next few weeks. The next SDMI meeting is scheduled for next week in Washington." "One source said that "there is no way in hell" that SDMI-compliant products will be ready for the Christmas season because "the individuals involved in these conversations are too concerned about their interests and [are] not looking for a real solution." "if the record labels don't put the consumer first in their architecture plans, piracy will only increase" "What you're competing against is free product, and that won't go away," Grady said. "Something better than MP3 will come along. The ability to move music around is key, and if you try to force something that has attributes they don't want, it won't be successful." "The RIAA has made it clear that it's willing to fight for its interests in the courts. It has the money and the muscle to try to convince technology companies and Internet music vendors to see things its way. But just the same, it may not win the battle." ""There is only one player right now, and it's MP3. The only battle is taking place is in meeting rooms. The Internet is a different environment, and the labels need to understand the culture and what you are dealing with here," Grady said"