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TIME.com ON AOL See time.com for more about Yasser Arafat and TIME's ongoing coverage of the Middle East
Napster has been meeting with the big labels steadily, but except for the deal with Bertelsmann, it has not yet got to yes. Richard Parsons, co-chief operating officer of AOL Time Warner, a major music distributor (and parent company of TIME), told reporters earlier this month that he had yet to see an acceptable business model from Napster...
...connections shares this bandwidth. Says Vernal: "If one-third of the undergraduate population was using the FAS network at the same time, each student would be connected at the speed of a 56.6kbps modem." That's the connection speed you'd expect of your mom's AOL connection, not of a prestigious academic institution...
...these prices. As Richard D. Parsons, co-chief operating officer of AOL Time Warner (owner of Warner Brothers Music and this writer), Napster's proposal "doesn't solve the immediate problem" for an industry still pulling in $35 billion to $40 billion in annual sales, even swimming against the technological tide. The $1 billion proposal, Parsons told the New York Times, "does not strike me as being in the ballpark...
This would not stop Harvard students from surfing the Internet, checking their e-mail or using communication services like AOL Instant Messenger, but students home for the holidays would no longer be able to access programs and files on the Harvard network...