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Vivendi Buys MP3.com


Related link: http://www.openp2p.com/pub/a/p2p/2001/05/21/lawyers_intro.html

Vivendi Universal bought MP3.com, it was announced today for $372 million. The buy-out comes mere days after the two companies faced off at congressional hearings on music publishing rights. At the hearings, Real's Rob Glaser demo'd MusicNet, the competing service to Universal and Sony's Duet.

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