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E-Commerce Times: The Napster War: Piracy or Persecution?

May 25, 2000, 22:58 (3 Talkback[s])
(Other stories by Chet Dembeck)

"Earlier this week, the well known San Francisco, California-based Hummer Winblad Venture Partners agreed to pour $15 million (US$) into popular music-swapping site Napster, stirring up another hornet's nest of controversy in the music industry. "

"Hummer Winblad's action begged the question: Why would anyone invest in a music company that is struggling to defend itself in a climate of acrimonious legal battles? Napster and its cohort, file-swapping software maker MP3.com, are facing lawsuits from such big name artists as rock group Metallica and rapper Dr. Dre, as well as the powerful Recording Industry Association of America (RIAA)."

"It was hardly surprising that the announcement of Napster's much-needed cash infusion immediately drew fire. A large contingent of people in the music industry feel the San Mateo, California-based company is lining its pockets by making it easy for consumers to rip off artists via the Internet."

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