Petteri Pyyny
4 Jun 2001 13:35
Music.com, site that has definately the best domain name anyone can think of in digital music industry, has proven that just having an excellent domain name doesn't make it excellent business. New York-based, Filipino owned company that operates the site has called it quits and is selling all its assets, including the domain name.
Currently the site sells music, has news and features and operates city-specific content for several American cities. Music Corporation, the owner of the site, will provide Music.com with as much as $300,000 to remain in the business until the site finds a buyer for its assets.