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Bertelsmann eCommerce Group

Statement

Hamburg/New York (ots)

Andreas Schmidt, President & CEO of
Bertelsmann eCommerce Group (BeCG) comments on the London-based
Association of Independent Music's (AIM) decision to support the new
joint business model of Napster and BeCG:
"We are very excited by AIM's decision today to make their
extensive catalogue of music available to Napster's world wide
community. This addition brings a selection of great music to Napster
users. Music from artists such as Moby, Muse, Badly Drawn Boy,
Stereophonics and others from hundreds of UK and European-based
labels, including Beggars Group, V2, XL Recordings and Mushroom, will
only further enrich the diverse and satisfying music experience found
on Napster. BeCG is pleased that AIM recognizes the importance of the
strategic alliance with Napster and shares in our joint vision of the
future of music distribution. "
In October 2000 BeCG entered into a strategic alliance with
Napster to jointly develop a new business model that will uphold the
interests of musicians, authors and publishers. Since then Edel Music
and TVT Records have entered into agreements with Napster to make
their music available to the new Napster service.

Contact:

Alexander Adler
Director Corporate Communications
Bertelsmann eCommerce Group
Phone +49 40 822262-320
Fax +49 40 822262-128
Mobile: +49 179 1012930

Weitere Storys: Bertelsmann eCommerce Group
Weitere Storys: Bertelsmann eCommerce Group