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MP3.com optimistic to get a settlement

1 May 2000 19:50 by Petteri "dRD" Pyyny

MP3.com's top executive said on Monday that he is optimistic that they would get an arrangement with RIAA and the record labels that the organization represents.

"I would say that we have two very motivated parties. We've been in heavy negotiations for weeks. We're relatively close in my opinion," Michael Robertson, MP3.com's chief executive officer, said in a telephone interview.

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