June 5, 2001

Net shakeout more sweeping than expected

Author: JT Smith

CNET: "Net surfers spend about 60 percent of their time online using products and services owned
by just 14 companies, down from 110 companies merely two years ago, according to a
report released Monday.

As further evidence of the rapid consolidation in the Net sector, the report by Jupiter Media
Metrix also found that 50 percent of Internet usage is spent on sites and services owned by just
four companies: AOL Time Warner, Microsoft, Yahoo and Napster."

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