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MP3.com will split into two companies

20 October 2001 4:19 by Petteri "dRD" Pyyny

Yesterday MP3.com announced that it will split its business into two companies, both operating under mother company Vivendi. MP3.com website will continue to offer music for masses, while new division dubbed as MP3 Technologies will provide technical solutions for MP3.com, other Vivendi services, Pressplay and possibly also for third parties who wish to use MP3.com's technology in their services.

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Related articles:

  • Vivendi shuts down MP3.com Europe, plans to sell U.S. part (9 July 2003)
  • MP3.com to power Pressplay (19 July 2001)
  • Vivendi Universal buys MP3.com for $372M (20 May 2001)
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