CNet Buys MP3.com

By Deane Barker on November 15, 2003

CNET to buy, retune MP3.com: It must be something in the water this week. I think I’m next in line to open up a music business.

CNET Networks representatives said the company aims to augment its position as a provider of interactive content through the acquisition, with plans to enter the online music market through MP3.com. However, a company representative said the revamped site would not compete with music download services such as Napster. Instead, the company plans to turn MP3.com into a source of information for digital music.

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