Despite Legal Pressure, Business Soars for MP3.com
The numbers are looking better for <A HREF="http://www.mp3.com/">MP3.com</A>, the music-archiving site under <A HREF="http://www.stereophile.com/news/10657/">attack</A> by the Recording Industries Association of America and its <A HREF="http://www.stereophile.com/news/10708/">allies</A>. Despite the legal pressure, MP3.com has seen its revenues surge as the popularity of downloadable music continues to grow. On April 20, the San Diego–based company reported that its revenue increased to $17.5 million for the first quarter of 2000 compared to $666,000 for the same period a year earlier. MP3.com now has 10 million registered users, according to CEO Michael Robertson.