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Music Media

MP3.com Going Public 34

Posted by CmdrTaco from the big-bucks-for-someone dept.
cswiii sent us a link to a quick little news.com article which announces that MP3.com is going public some time this year. Wouldn't mind a piece of that pie.
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MP3.com Going Public More

MP3.com Going Public

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  • I was reading something here on /. awhile back that when you sign with MP3.com, you have to give up all your rights to your work. Is this true or not?

    linuxonline.org [linuxonline.org]

  • Of course, I said the same thing about mirabilis.

    And you were right.. Regardless of the stats they post on their website, ICQ popularity is on a sharp decline. They have constantly fudged user signup statistics to make it look popular. A simple sequential scan of their database shows that a significant number of UINs are invalid (sometimes with large gaps where they bumped the number up to reach a certain number-of-users goal). ICQ is the killer app that killed itself.

    Is there an open contact-list protocol yet that isn't owned by Microsoft?

    linuxonline.org [linuxonline.org]

  • After reading the artist signup contract, it states that the artist grants mp3.com nonexclusive rights to distribute the songs he provides them.
    The artist retains all rights to the music, and the contract may be terminated at any time.

    Sounds pretty fair, actually.
  • bash# whois mp4.com
    [rs.internic.net]

    Registrant:
    Michae Robertson (MP16-DOM)
    P.O. Box 910091
    San Diego, CA 92191
    US

    Domain Name: MP4.COM
    Administrative Contact:
    Robertson, Michael (MR121)
    michael@FILEZ.COM
    619-453-2845
    Technical Contact, Zone Contact:
    Beck, Josh (JB5285) josh@ZCOMPANY.COM
    (619)695-8232
    Billing Contact:
    Robertson, Michael (MR121)
    michael@FILEZ.COM
    619-453-2845

    Record last updated on 21-Aug-98.
    Database last updated on 8-Mar-99 06:51:56 EST.

    Domain servers in listed order:

    NS1.FILEZ.COM 192.215.175.10
    NS2.FILEZ.COM 192.215.175.21

    Although he apparently misspelled his own name :)

    Can we call the MPEG-4 audio files something else? :)

    --

  • "I want my... I want my.... I want my mp3."



  • Not exactly...
    They have the right to distribute songs of yours on their CD's, And if YOU choose:

    1. Play them on the Radio
    2. Make them availiable for individual download
    3. Make CD's of yours to sell and the artist gets half.

    However there is one really cool clause: The artist can terminate the agreement at any time for any reason with no penalty.

    ( Such as actually getting signed etc. )


  • This is one stock that is destined to be big. mp3.com is going to be a steal at whatever price they start it off at..

  • Great (Score:1)

    by hime ( 5963 )
    Gotta just give a quick recommendation on his stuff... didn't know he was up on MP3.com now, I'll have to go snatch me some MP3s.
  • > Wouldn't mind a piece of that pie.

    Get a broker and you can have a piece of that pie. I think this one will actually be the first where I make sure to buy stock day of IPO and turn it around. I'm tired of hearing about the IPOs afterwards and not making any money off them.
  • Heh, their site is so ugly, and their cataloging system is *so* bad, they are almost assured of falling flat on their face.

    Of course, I said the same thing about mirabilis.

  • Is there an open contact-list protocol yet that isn't owned by Microsoft?

    The IETF has formed an Instant Messaging and Presence Protocol working group. Their mailing list archive is at http://lists.fsck.com/cgi-bin/wilma/pip [fsck.com]

  • If a lame website can go from a "script-kiddie mentality" warez/filez/mp3z site to having $11 million in venture capital and the ability to go public in less than 18 months, then surely Armageddon must be upon us. This is so wrong.

    Geezus. Sites like that give legitimate projects [mobygames.com] a bad name.
  • Thank god for that... I was originally dismayed to see that a finger/talk/ftp/irc client replacement that did not use finger/talk/ftp/irc protocols was becoming popular... now that it's dying a little, I feel better. :-)
  • You can't do that. You will be taxed heavily for securities that you hold for a small amount of time.

    --Ivan, weenie NT4 user, Jon Katz hater: bite me!
  • A "significant number" of UINs are invalid?? I'd say nearly all of them are... Everyone I know that has tried ICQ has since deleted it (but their UIN number is still in the database). ICQ is just another fad that goes away as quickly as it appeared..
  • Unfortunately, stock price is not based on reality. Amazon.com hasn't even made a profit yet their stock is soaring!! The stock market is sort of like a casino game..
  • I was thinking how lucky the person who happened to register mp3.com was and out of curiosity I checked to see if mp4.com was available: every 'mp' domain up to mp13.com is taken!! lol!
  • If you think that it is possible for someone like you to buy an IPO, then think again. The persons who have the opportunity to buy an IPO at the open are BIG HEADS. The price will usually start at something like $9.00/share, and then skyrocket to $50. The average person will end up buying at $35-apex. Also, don't think you are original here buying at the open and selling at the close. There are thousands of day-traders who do this for a living, every day, all day. They know the market inside out, and they pretty much have control of the price since they are the ones spending millions to buy big blocks.

    If you do manage to just buy at the open and sell at the close, you still have a chance of NOT making money, since the day traders will hype the stock on the open, you will buy it at around $20.00, and if you don't time it correctly, you will end up selling at a close of $15.00 or so. Look at all the IPOs in the past. It's telltale...with a few exceptions, they all have behaved the same!
  • I bet that AOL will buy mp3.com before the year is over, they seem to buying everything these days and why not this, i want in on this there is no way to lose

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