Trying to take full advantage of the ongoing Napster / MP3 -hype, Universal and Sony (again) announced they will be launching a digital music service.
The service, currently known by a code name "Duet", will initially be streaming only, but downloads, encrypted in some rights management software, will be offered later. Also some peer-to-peer functionality will be implemented, such as the ability exchange... hold your breath everyone... play lists! *Gasp!*
Vivendi Universal and Sony are trying to license at least 50 percent of global record sales for the service. That might sound like a huge goal, but it's not - Universal Music Group and Sony alone account for close to 40 percent of global record sales.
Vivendi Universal and Sony are trying to license at least 50 percent of global record sales for the service. That might sound like a huge goal, but it's not - Universal Music Group and Sony alone account for close to 40 percent of global record sales.