Sounding off on Net music's future

 

latest developments

At the latest Net music confab, one music exec airs a reversal in sentiment by saying Net music technology may ultimately benefit major record labels. For the moment, analysts say MP3 will boost CD sales. "This medium changes the dynamic in every type of relationship that exists today in the music industry." - Mark Mooradian, director of consumer content strategies, Jupiter Communications

Exec: Net music a boon for major labels Internet technology will benefit record companies tremendously in the next ten years as more consumers turn to the Web to buy and listen to music, Bertelsmann executive Strauss Zelnick says. previous coverage Musicians net stock in themselves Artists get an ownership stake in return for allowing Artistdirect Network to mange their online sales of music, videos, and other products. Net music gets louder next week Players in the Net music space gather for Jupiter Communications' Plug.In conference in New York, which begins Monday, just as the market gets ready for the much-anticipated MP3.com initial public offering. MP3.com, other Net firms create market buzz Internet companies again lead next week's schedule of initial stock sales.