MP3.com heading for profit this year

Written by Jari Ketola @ 22 Jan 2001 13:23

MP3.com is looking forward to making something dot-com companies aren't famous for - profit. CEO Michael Robertson feels that the company's legal troubles are over and dealt with, and that the company should turn profitable without outside assistance already this year.

Most of the expected profits are, of course, from advertisement sales as well as the My.MP3.com -service. Even though the advertisement money has been slowly disappearing off the net Robertson feels that there's still money to be made there since 80 percent of MP3.com's advertisement revenues come from non-Internet companies.

Source:
Yahoo! News

More news

<Some changes in AfterDawn.com >EFF wants appeals court to reject the court order against 2600

Previous Next

Related news

MP3.com launches its Asian division Other news

Write a comment

If you do not have an AfterDawn.com account yet, please enter your nickname and email address below. An activation link will be emailed to you.

If you already have an AfterDawn.com account, please login using the next tab.

Nick

Email address

Nick or email address
Password

I want to be notified via email when new comments are posted to this article.
Check this box, if you want to use your signature.

Latest news

	Latest untethered jailbreak released for iOS 5.1.1 (26 May 2012 18:15) The Chronic Dev Team has released the latest version of their untethered jailbreak for iOS devices running 5.1.1. Says the blog post: "After copious amounts of work and many sleepless nights, ....
	Siri blocked from use on IBM internal networks (26 May 2012 18:08) IBM has understandably blocked the voice-activated digital assistant from its work networks. As 'Big Blue' confirms, Siri has been blocked due to the fact that Siri sends everything you ever ....
	Cisco kills off development of 'Cius' tablet (26 May 2012 18:00) Cisco has decided to pull the plug on its failed Cius tablet. The Cius, which was released in 2010 and aimed at enterprise customers, had a focus on business video conferencing and specifically ....
	Galaxy S III to hit U.S. and Canada on June 20th? (26 May 2012 17:54) Although Samsung unveiled the flagship device earlier this month, there has yet to be a set timetable for its release outside of Europe. Today, the Verge is reporting that the device will ....
	5000 books return to Kindle Store after dispute ends (26 May 2012 17:50) Thanks to a contract negotiation dispute between Amazon and the Independent Publishers Group, the giant e-tailer pulled 5000 titles from the Kindle Store back in February. As of today, however, ....