In
Liquid Audio, the Delaware Supreme Court adopted a similar approach, albeit on an odd factual record.
Late last month,
Liquid Audio Japan said it would terminate its agreement with the California-based company to conduct operations on its own to become more responsive to local needs and as a result of high licensing fees.
Liquid Audio software has been localized in the Japanese language and will soon feature Chinese and Korean versions.
Although mainstream music has embraced the
Liquid Audio format because it prevents illegal copies, the site still has a limited inventory, with only 50,000 titles.
The plan is to set up a Web site enabling users to preview and purchase CD-quality music via
Liquid Audio software, while at the same time ensuring copyright protection and tracking royalties.
Liquid Audio, whose European operation is masterminded by Mediaspec in East Kilbride, has finally achieved music streaming quality that means you can download CD-quality sounds - to a recordable CD.
AAC already has been adopted overseas -- the technology is mandated for all of Japan's digital broadcast infrastructure -- and domestically, AAC has attracted the attention of online music distributors such as
Liquid Audio, Universal Music Group and Bertelsmann's BMG.
The company said it plans to eventually increase its holding in
Liquid Audio Japan Inc.
The TSE has been stepping up efforts to shut out companies with criminal ties since the arrest in late October of Masafumi Okanda, former president of
Liquid Audio Japan Inc., a Web-based digital music distributor listed on Mothers, short for the ''Market of the high-growth emerging stocks.''
TELECOMWORLDWIRE-18 May 2000-channelfly.com becomes
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