posted Nov 28, 2000

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.

 

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