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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: Neal Hopper who wrote (2441)	5/15/1999 9:22:00 AM
From: Jenne	Read Replies (1) \| Respond to of 4298

AT&T, Mitsubishi Ally to Offer Music Via Internet, Nikkei Says Bloomberg News May 14, 1999, 11:49 p.m. PT Tokyo, May 15 (Bloomberg) -- Mitsubishi Corp., Japan's second-biggest trading company, and AT&T Corp., the U.S. largest phone company, have agreed to form a joint venture to provide technical and business assistance to recorded music companies distributing music over the Internet, Nihon Keizai said, citing unnamed sources. The service will be the first in Japan to deliver CD-quality music to consumers' homes via the Internet. Mitsubishi will provide the service to domestic record labels, which will use AT&T's a2b MAIL compression-and-playback technology to process and send the music from their own Web sites, the report said. In other news, Sony Corp. and Microsoft Corp. this week said they will jointly distribute music and videos over the Internet. (Nihon Keizai, 5/15, p.9)