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Online music hits a crescendo

With competition on the rise, America Online buys MusicNow, MySpace starts a record label and Napster gets a boost from Samsung. AOL’s got MusicNow Time Warner’s America Online acquires company in a move to revamp its music customization, personalization features. November 3, 2005 MySpace.com creates own record label Networking site, recently acquired by News Corp., expects its popularity among musicians …

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Apple: iTunes’ top competitor is P2P

Apple Computer’s biggest competitors in the digital music downloading market are illegal music file-sharing services such as Kazaa and BitTorrent, said iTunes Vice President Eddy Cue. On the day Apple launched the Australian version of its music store iTunes, Cue said that people now have an alternative to illegally downloading music and that he believes they are willing to pay …

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