Thursday, February 03, 2005

 
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Yahoo! News - MP3.com founder to start new music venture

Yahoo! News - MP3.com founder to start new music venture
"Breaking with other online music services, such as Apple Computer Inc.'s iTunes and Microsoft Corp.'s MSN Music Store, MP3tunes will not use a format with digital rights management (DRM) technology to copy-protect the tracks it sells for download, but instead will use the popular MP3 format without DRM, Robertson said in an interview.

At launch, MP3tunes will offer a few hundred thousand tracks from independent labels and artists at a cost of US$0.88 per track or $8.88 per album, Robertson said. MP3tunes has yet to approach the major record labels, he said.
Because the tracks will be offered in MP3 format, buyers can use the music they purchase on virtually any digital music player or computer, as well as make unlimited copies of their songs and burn their music onto CD, Robertson said. Most other online music sellers restrict what users can do with their songs."

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