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Bertelsmann: Making Music With Napster
News On Halloween 2000, German media giant Bertelsmann horrified the record industry. In a recent interview in his office towering 42 floors over Times Square, Bertelsmann's Schmidt sat down with CNET News.com's Jim Hu, laying out the company's plans...
[February 7, 2001, 13:57]
AOL Wary Of Legal Napster
News AOL Time Warner executives on Wednesday said German media giant Bertelsmann has yet to convince them that working with Napster to try to create a commercial music download service is worthwhile. With a legal sword hanging over Napster's head...
[February 1, 2001, 8:40]
Bertelsmann Dabbled In File-swapping Pre-Napster
News Until just a few weeks ago, a low-profile Bertelsmann subsidiary was testing a file-swapping search engine that could have expanded the media giant's profile well beyond controversial partner Napster.
[February 27, 2001, 10:08]
BTopenworld Trials Music Subscription Service
News So far, BTopenworld has signed up two of the major record labels; Warner Music Group, which handles stars from Missy Elliot to Metallica, and Bertelsmann Media Group, with names that include Puff Daddy and Santana.
[October 29, 2001, 15:18]
Euro High-tech Business Reacts To AOL-Time Warner Deal
News Bertelsmann responded that it sees its partnership with AOL Time Warner unchanged following the merger, saying new media startups are its real concern. At the same time, some wondered what the deal would mean for AOL Europe, which is a joint...
[January 10, 2000, 17:30]
2001: In The Courts
News MusicNet is owned by AOL Time Warner, Bertelsmann AG, EMI Group and digital media company RealNetworks. Most of the money came from parent company Bertelsmann: a $36m up-front settlement ($26m to publishers), plus a $60m loan from Bertelsmann, and...
[December 26, 2001, 6:31]
Net Music Sales Under Threat In Patent Case
News The six-year-old company has been in court since 1998, suing Bertelsmann division CDNow for violating patents filed in the late 1980s. CDNow parent Bertelsmann declined to comment on the ruling. SightSound Technologies, a digital media company, has...
[February 15, 2002, 10:56]
More Music For Your Memory
News In addition, three of the four other major record labels -- Bertelsmann's BMG Entertainment, Sony Music Group and EMI Recorded Music -- use Windows Media. In November, Warner Music Group struck a deal to use Microsoft's Windows Media as its primary...
[January 11, 2001, 8:04]
Napster Appoints New CEO
News Napster on Tuesday named Konrad Hilbers, a Bertelsmann executive, as its new chief executive, replacing Hank Barry. Hilbers, who will lead the embattled music-swapping company into its new incarnation as a membership-based service later this summer...
[July 24, 2001, 15:08]
Patent Ruling Creates Ripples On Net
News SightSound Technologies, a digital media company, has won a ruling in its patent case against Bertelsmann subsidiaries that could have wide-reaching effects on the business of Net music and video downloads.
[November 4, 2003, 14:20]
Can Bertelsmann Stop CD Copying?
News BMG Entertainment, the major record company owned by German media giant Bertelsmann, said it will begin this month to protect promotional releases of its CDs against copying. BMG parent Bertelsmann has invested heavily in Napster in hopes of...
[April 9, 2002, 8:45]
Napster Deal Comes With A Price Tag
News Somebody had to step up to the plate and take a leadership role," said Andreas Schmidt, president and chief executive of Bertelsmann's e-commerce group, which will partner with Napster. Napster will also likely have its first commercial affiliation...
[November 1, 2000, 7:45]
Net Music - The Courts Played On
News That near-$50m (£30m) deal, in which Bertelsmann won initial rights to a majority ownership interest in Napster, remains one of the industry's biggest wild cards. The startup's executives say the ruling made them "more flexible" in striking their...
[December 22, 2000, 9:04]
The Day Ahead: Portal Earnings Preview
News One positive is that Terra Lycos is getting $1bn in revenue from Bertelsmann. ABN Amro analyst, Arthur Newman, said Terra Lycos is likely to use recognized revenue from Bertelsmann to smooth out results in upcoming quarters.
[January 8, 2001, 14:03]
MP3.com And Tower Records Sing The Same Song
News This market gained a major boost after the embattled Napster, a file-swapping startup, took steps to go straight by partnering with the German media conglomerate Bertelsmann. With the relaunched My.MP3.com service, consumers will be able to store...
[December 7, 2000, 9:06]
Real Competitors Could Go For Gold
News and Microsoft to major-label owners such as Sony and Bertelsmann entering the race. The add-on option of music downloads and streams through MusicNet, a venture with AOL Time Warner, EMI and Bertelsmann, will also be available.
[November 21, 2001, 12:16]
E-commerce Chief Leaves Bertelsmann
News The operations of Bertelsmann eCommerce Group (BeCG) will be controlled by Bertelsmann's DirectGroup. Andreas Schmidt, the head Bertelsmann's e-commerce division, resigned Wednesday to pursue "new entrepreneurial opportunities," the company said.
[November 28, 2001, 14:38]
RealNetworks Signs Online Music Pact
News In a widely anticipated move, RealNetworks on Monday formed a pact with media giants AOL Time Warner, Bertelsmann and EMI Group to bring about a new music subscription service online, dubbed MusicNet.
[April 2, 2001, 13:17]
Napster Issues First Round Of Layoffs
News Napster's recent business efforts have largely been funded by German media conglomerate Bertelsmann, which owns record label BMG Entertainment. Earlier this week, Bertelsmann E-Commerce Group said it licensed much of Napster's technology for its...
[October 25, 2001, 10:07]
AOL-Time Warner Deal On Verge Of Approval
News But as part of that approval, the commission forced AOL to divest its relationship with German media giant Bertelsmann and played a key role in preventing Time Warner from completing its acquisition of EMI Group, a major music label.
[January 10, 2001, 14:21]
