e.Digital Corporation (fka EDIG)

[murrayhill]

LGJ: I've been wondering
how long it would take for the reality of this and the Duets basic premise to sink in with our shareholders.

Here are a few more quotes from that or other articles about MusicNet:

"When a user downloads a song, it remains available for 30 days, at
which point the user can decide to renew the license for 30 more
days, as long as the monthly fee is paid again. For the moment, songs
cannot be copied to a portable music player, or purchased for
permanent use. (Features of both MusicNet, and Duet)

But at least at first, neither service will allow users to purchase
the music permanently because of record company concerns about
cannibalization of their sales of CD's if consumers are able to
cherry-pick the songs they want from an online service.

By playing show-and-tell with their nascent services in front of the
Congressional panel, record company representatives are in part
seeking to pre-empt any Congressional effort to induce them to offer
online catalogs more quickly or completely than they might like."