Word: mp3
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...Still, the rise of the MP3 format seems to have inspired a move towards a mix-and-match approach to music, which means compilations and DJ mix albums are probably going to be increasingly popular in the U.S. and will lose the K-Tel cheap-and-awful stigma. For instance, Essential Selections, one of the major British DJ mix labels, announced that they're starting to release mix albums in the U.S. My question is, how come American compilations ("Total Hits '99," etc.) are designed to look so much uglier than their glitzy British equivalents, even if the quality...
Fanning's software, released last August, included the features that made Napster a millennial college trend: live chat and MP3 indexing combined with fast, clean file sharing that bypasses your computer's sluggish send-mail program. It wasn't revolutionary so much as ingenious, linking existing concepts rather than breaking new programming ground. The day Fanning put the software online via a server at his uncle's office, he knew he had a huge hit: "As soon as we were up we were getting blasted with traffic." The company claims its user base growth rate has been between...
...labels have been slow to respond to the challenges presented by companies like MP3.com which have flourished because of their immense selection of songs and tech expertise that old-media record labels can't match. Now even bigger threats are coming from the second generation of MP3 sites, like the 10-month-old Napster.com founded by Shawn Fanning, a 19-year-old college dropout. (See following story.) "You're going to see 1 million artists and 500,000 music labels on the Internet by 2002," says rapper Chuck D, who has also founded two music websites, Slamjams.com and Rapstation.com
...last spring a friend told Wasserman to "check out this MP3 thing"--referring to the digital-music format that allows people to swap their favorite tunes online. Wasserman went to the website MP3.com converted three songs he had written and recorded with Fisher into the format and uploaded them. Now, people could come to the site and download the songs for free. Fisher was about to become the biggest Internet-based band ever...
...January Warner Music agreed to buy rival EMI, which has already announced plans to begin releasing digital singles and albums from its stable of artists. Jimmy and Doug's Farm Club reflects the changed environment: it's a hybrid of a traditional record label and a freewheeling, indie-friendly MP3 site. While the music of artists officially signed by the Farm Club will be promoted and marketed by Interscope or another Universal imprint (and given face time on the label's USA Network television show), the website will allow undiscovered bands to upload their songs...