| MusicNet is a digital distribution platform for streaming and downloading
music. It combines RealNetworks' Internet media delivery technology with the
music catalogs of major and independent record labels -- Warner Music Group,
BMG Entertainment, EMI Recorded Music, and Zomba. As both a technology
provider and a music clearinghouse, MusicNet will license its "private-label"
platform to companies seeking to sell music subscription services under their
own brands. RealNetworks and Warner Music Group formed MusicNet in the spring
of 2000 as a subsidiary, and RealNetworks incubated it from its inception.
MusicNet was officially announced as a joint venture between RealNetworks, AOL
Time Warner, Bertelsmann AG, and EMI Recorded Music in April of 2001.
MusicNet's corporate information is located on the Internet at
http://www.musicnet.com. |
