Despite industry backing for several subscription-based online music services, such as Rhapsody, pressplay and MusicNet, response has been tepid.
ECONOMIST: How to pay the piper
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Andy Schuon, president and chief executive officer of Pressplay, an online music service formed as a joint venture of Sony Music Entertainment and Universal Music Group.
FORBES: The Digital Rights Future
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As with every other market on the Net, this one will consolidate in the end, and the likely winners will be Pressplay and MusicNet, which have the major record companies' support.