Slashdot Mirror


MP3.COM gets $11 Million

An anonymous reader wrote in to tell us that Sequoia Capital has invested 11 Million dollars into MP3.com. The same company that help Apple, Cisco, Yahoo and Oracle get there starts. What does this mean for the MP3 Industry? More respect?" Very interesting. Does Sequoia Capital want to invest in any (cough) Geek 'zines while they're at it? Anyway this is pretty sweet- I've been frequenting MP3.com for awhile. Sites like that are really alpha testing the future of the music industry. If they succeed, I'll never need to leave my chair again. Well, maybe for food.

17 comments

  1. Dilbert? by Anonymous Coward · · Score: 0

    This goes great with the recent Dilbert and Foxtrot cartoons.

  2. Mp3's Suck by Anonymous Coward · · Score: 0

    this is not really a reply to your msg but god damn mp3's sound horiable if you have good speakers they cant handel treble worth a crap symboles on drums dont quite sound right man the best of all these lame compression format's is vqf www.vqf.com and everyone seems to ignore that i think "we" are all making a BIG mistake investing
    all this is such a crappy format. Vqf's seemed like they were catching on for a while but a bunch of lame people were decompressing mp3's and recompressing them in vqf ewwwwww. sorry for the rambeling and bas grammer I just think mp3 needs to be redone or some new standard needs to be set this is just horiable mp3 is skrewing up the future of digital music!!!!

  3. Will Rob ever stop whining for handouts.. by Anonymous Coward · · Score: 0

    and get a real job?

  4. [sigh] it's all in the domain name now.. by Anonymous Coward · · Score: 0

    Let me first say I think Michael has done a decent job with MP3.COM. There are/were a lot of other music sites on the net, MP3 or no, but he managed to differentiate mp3.com.

    But $11 million? I think this is a little steep (but if it were me I would be as happy as a pig in shit). It wasn't TOO LONG ago this was a pis-ant web site liking to 3l33t warez and mp3z.

    I used to like IUMA before they went commercial (and then stagnated as a result).

    Give the $11 million to Nullsoft for winamp - they have done more to benefit the MP3 community. All mp3.com is is an average site with a lock on a good domain name.

    Given how inept journalists are at research, his easy-to-remember URL is somehow equated with the entire digital music/anti-record company movement. Annoying, like when journalists equate "Linux" as being equal to red Hat (hey read the article in CMP how red hat ships licenses of $33 mil last year, and so is "far behind" NT. huh?). Whatever.

  5. Venture capital firms + Slashdot = bad by Anonymous Coward · · Score: 0

    Rob, they'll give you a couple million then kick you out in two years.

    My suggestion: when they invest, take 50% for "expenses" and run. Take what you can get before you get nuttin.

  6. Somebody is making money.... by Anonymous Coward · · Score: 0

    And it's not me!

  7. Remember Cisco... by dangermouse · · Score: 1

    Remember what happened to the founders of Cisco, Rob? I don't think you necessarily want these people investing in your site.

  8. Huh? by heller · · Score: 1

    Go to mp3.com. Click on a genre. Click on instant play. Huh? .ra files?

    I'm sorry, but this is mp3.com. I'm looking for mp3 for a reason, and it certainly isn't cuz I think that RealAudio files are better quality. . .

    ** Martin

  9. IPO of mp3.com by edgy · · Score: 1

    What I'd like is to see when the IPO of mp3.com happens.

    I've seen too many internet stocks jump up, and this is one area that stands to have a __LOT__ of growth in the future.

    I'm not going to let another internet stock pass me up and go into the range of unaffordability before I can make it rich with stocks ;)

    Ben

  10. More poor spelling/grammar on /. by Cary · · Score: 1

    there starts -> their starts. 'Nuff said.

    More relevantly, this should give MP3.com a
    huge boost! Good for them!

  11. Now we need to educate ppl about what mp4 is... by doomy · · Score: 1

    It's sad how people don't really realise that mp4 is not an ISO standard or any standard. I was just reading posts on public-enemy and everyone seems to be under the impression that mp4 was next that has happend to digital music.



    Post some educated views here





    Lets make sure everyone knows what we are talking about...
    --

    --
    ...free your source and the rest would follow...
  12. Mp3's Suck by doomy · · Score: 1

    Tord,

    First of all, thanks for BladeEnc. My life has never been the same since i found your excellent utility.

    Next, when would the next linux version be out? (for i86) I've noticed that on your site, the most recent one is ...x72.. while the other Unices have a higher version out. Is there a difference ?

    Also, could bladeEnc be made to output mp3 streams while encoding to stdout? That would be nice.. and helpful for streaming ppl with fast machines.
    --

    --
    ...free your source and the rest would follow...
  13. Why leave chair for food? by afniv · · Score: 1

    Order pizza from the web!

    Now, how to get the beer. Maybe a fridge next to the computer. But to resupply it....

    afniv

    ~afniv
    "Man könnte froh sein, wenn die Luft so rein wäre wie das Bier"
    "We could be happy if the air was as pure as the beer"

    --
    ~afniv
    "Man könnte froh sein, wenn die Luft so rein wäre wie das Bier"
    Richard von Weizs
  14. Now if they could only.. by bishop6 · · Score: 1

    get mp3 to sound halfway decent, I would love it.


    Coming from an audio engineer point of view, mp3 is a sonic nightmare. I've talked with many engineers and alot of non-engineers about this, 99% of them agreed. The other 1% is clinically deaf in his right ear (dam car streos)and isn't an engineer.

    Anytime you digitally strip anything from a full file, you're overall quality of the dynamic range diminishes, even if those frquencies cannot be heard by human ears. you can argue all you want, but my ears don't lie to me.

    I personally like DVD audio, lots of room to store huge, phat songs, with a full rich dynamic range.

    I guess for portablilty, mp3 makes sense, but I won't buy it. I love my music to sound good.

  15. No Subject Given by mattc · · Score: 1

    Man, I wish I were the lucky guy to get the mp3.com domain name! Maybe I should get a head start by registering mp6.com or something :)

  16. More power to the MP3 industry by Rayban · · Score: 1

    Perhaps this will give the MP3 industry a little more swing in the grand scheme of things. :)

    With the money available, MP3.com could even become a fully-fledged music company, giving the fair share of royalties to the artists that they deserve. No more record execs riding in limos from their signee's successes. Wouldn't that be the day.

    I hate paying $17 CDN for a CD, knowing the artist gets very little. I'd prefer something like $1 per track, with 50% or more going to the artist. People say this money goes toward promotion of the album, but I think most good music can promote itself.

    I wonder what the future holds...

    --
    æeee!
  17. Free Music by four · · Score: 1

    I think its great that sites like this promote free music. If you go download some of that stuff, its actualy alright.
    From music4free.com i've already purchaced 3 cds from groups around there.

    --
    -- four