MP3.com preps MyMP3.com mk. 2

Advertising and subscription models to run in parallel

  • alert
  • submit to reddit

Boost IT visibility and business value

MP3.com will relaunch its MyMP3.com 'virtual Walkman' service by the end of the month, now it's able to put the legal turmoil of the past year behind it.

MyMP3.com will be split into two strands, said MP3.com CEO Michael Robertson today. The first will be paid for by advertising, the other by punters. The advertising-funded service will also put limits on what users can upload and play back.

Robertson said the company had yet to decide how the subscription model would work, according to Reuters. "We haven't determined a price yet and we haven't decided if it should be a monthly or an annual fee. Obviously, it's in our best interest to keep it as modest as possible," he said.

However MyMP3.com operates, subscription dues and advertising revenue will help to pay the hefty licence fees MP3.com has agreed to cough up to the music industry after being found guilty of mass copyright infringement by the US District Court last April.

The same court yesterday oversaw the final settlement, between MP3.com and Universal, which will see the recording company paid $53.4 million in damages and music licensing fees.

That's in addition to the $100 million or so MP3.com has already paid out to EMI, Sony, Warner and BMG.

Still, now that it has got past all this legal aggravation, MP3.com can concentrate on growing its revenues and net earnings. Its last fiscal results say the company's revenue rise 400 per cent year on year, and its loss drop nearly a third. Relaunching MyMP3.com - and cashing in on the two revenue models - should help the company continue both trends.

It should also launch ahead of Napster's BMG-inspired subscription service and provide a template for how the MP3 sharing software company's business model will work in the real world. Will Napster's 38 million-odd users stick with it, or will the dessert the company? MyMP3.com may well give an early indication of how Napsterites will act. ®

Related Stories

MP3.com squares Universal with $53.4m payout

MP3.com losses down two-thirds

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story


Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.