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EMUSIC: FEELING LIKE ALMOST A MILLION BUCKS

Net's 99-Cent Store Claims A Milestone
Digital downloading destination EMusic.com has announced that it sold over one million songs in the MP3 format since its launch in January 1998.

There appears to be no truth to the rumor that about 999,000 of the downloads were purchased by the company's largest shareholders, and inside sources say the announcement has nothing to do with driving up the company's stock prices.

"One million downloads at 99 cents apiece, that's, um--well, my calculator's in my other blazer, but it's a lot," noted CEO Gene Hoffman. "It should easily offset the $800 million we've spent on advertising."

EMusic closed at 6.00 today, down .31.

"It's all about the music," added one venture capitalist who asked to remain anonymous.

REVENUE CHART:
FAST FORWARD
The Sony side of the street (8/5a)
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The lifeblood of the biz is pumping. (8/5a)
OLIVIA INKS WITH SONY PUB
Big score (8/5a)
THE HAPPIEST TOP 20
Billie's back...on her own terms. (8/5a)
NEAR TRUTHS:
CAVEAT EMPTOR
Vaxx mandate gains steam. (8/5a)
NEW & DEVELOPING ARTISTS
From tender shoots to mighty oaks.
MARKETSHARE MANIA
Let's do the numbers.
DELTA VARIANT
It is not the name of a Henry Miller novel.
IS IT TIME FOR ANOTHER ROCK STORY?
Could be. Dunno.
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