Shockwave ignites the Web

Article Abstract:

Macromedia's Shockwave.com website, launched in Aug 1999 for the purpose of showcasing the company's Flash software, has evolved into one of the World Wide Web's most favorite sites. The site, which has attracted the attention of celebrities such as director David Lynch, has about 20 million registered members and is visited by 4 to 6 million individuals monthly. Shockwave's appeal lies in the Flash software, a feature that allows designers and artists to create animated, interactive entertainment.

Strategy & planning, Graphics software, Macromedia Inc. (San Francisco, California)

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Napster must rid itself of copyright songs

Article Abstract:

Napster, in a US federal court hearing on Mar 6, 2001, has been given 72 hours to block each song that will appear on a list to be provided by the recording industry. The court injunction follows the company's voluntary efforts, announced on Mar 5, 2001, to block songs in an effort to shift into a pay-subscription service. The injunction, seen as an endorsement of what Napster is already doing, allows the company to continue operations.

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Napster offers record labels $1 billion

Article Abstract:

Napster.com is offering record companies $1 billion over five years after an appeals court order the Internet song-swap service be shut down. Napster CEO Harry Bank said the $1 billion is in exchange for allowing its community of 64 million users to stay together. The company is offering $150 million a year to the five major labels and $50 million to the independent labels for a stay on the injunction and a license for their music.

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