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New music subscription service to be launched by AOL Time Warner

Internet Business News, Dec 13, 2001

INTERNET BUSINESS NEWS-(C)1995-2001 M2 COMMUNICATIONS LTD

AOL Time Warner Inc will begin offering a new online music subscription service from next month (January 2002).

The new service - AOL Presents MusicNet 1.0 - will provide subscribers with a monthly allowance of 100 streams and 100 downloads, allowing music storage on a home PC.

MusicNet is owned by AOL Time Warner, Bertelsmann AG and EMI Plc.

The service will cost USD9.95 per month.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2001 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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