Online music industry fibrillation.

. EMusic

15:01:02 Online Music, fibrillation industry.
Many are the stirrings of the beginning of 2002 in the music industry in relation to its ambitions in the online marketplace. The Virgin Megastore in France, for example, have formed a partnership with the British Tornado Group, to sell mp3 files online, and the same are going to make the chain HMV English and Danish Fredgaard. It is expected a more or less simultaneous launch in the spring. Listen.com , (pictured) instead, has just received his third non-exclusive distribution license with Sony, after those of BMG and EMI, as he continues to deal with the remaining two majors: Warner and Universal. The tracks will be the same as the services launched in late 2001 by the two signs, namely Pressplay and MusicNet. The same is responsible for the new technologies of Sony, Fred Ehrlich, said that for his company "is a priority to make available to the fans to their music in as many online retailers authorized is possible." Napster finally announced that within three months will come out of beta (see New Napster, the preview ) and will launch its service fee, which can serve files to all five majors, who control the sun ' Eighty percent of all recorded music. Meanwhile, Jupiter Media Metrix has reduced its forecast on the development of the music market in the network of 11.3 percent, which is why current forecasts for 2006 speak now of a web-based market of 5.5 billion dollars where a billion just from subscriptions to receive files online, while the remainder will come from physical CD sales through e-commerce portals.