Petteri Pyyny
19 Jul 2001 12:29
In not-so surprising announcement, Pressplay told that service will use MP3.com as content delivery and subscription management technology. Pressplay is a joint venture of Sony and Vivendi Universal and Vivendi agreed to acquire MP3.com in May.
MP3.com's shareholder are going to vote on Vivendi acquisition August 29th. Vivendi agreed to acquire company for $372M in cash and stock.