July 10, 2002

Universal to put music library online

"Responding to the rampant spread of unauthorized music swapping
on the Internet, Universal Music Group plans to put a large chunk
of its vast music library online through a subscription service
beginning Tuesday.

UMG, the largest of the five major record companies, will make
about 1,000 of its 11,000 albums available to subscribers who pay
between $10 and $15 a month.

Unlike most other initiatives announced during the last six months,
UMG's partnership with Emusic.com, a downloadable music
subscription service, gives customers the same ownership rights as
if they had bought the music on a CD." More at Salon.com.

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