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Song-swapping site Napster is close to signing an agreement that could pave the way for its relaunch as a subscription-based service this summer. Sources say Napster will soon announce the completion of a deal with MusicNet, the nascent music-licensing venture formed by Bertelsmann's BMG Entertainment, Warner Music Group, EMI Group and RealNetworks.
June 05, 2001 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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