Bertelsmann Eyes Napster Pact
Music & MP3
11/28/2000; 1:48:22 PM 'German media giant Bertelsmann said on Monday it had begun talks with other music majors on a business model for its song-swap partner Napster and was hopeful they would join the ground-breaking alliance.
'"It's all worked out. We have a model," Bertelsmann eCommerce Group chief executive Andreas Schmidt said. "We are bringing it forward now to the other parties ... hearing their concerns, getting their input."'I look forward to hearing what this model is.