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.
![]() Record-breaking heat wave in the forecast. (9/6a)
![]() This oughta be interesting. (9/6a)
![]() We're putting our asses in seats. (9/4a)
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THE GRAMMY SHORT LIST
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COUNTRY'S NEWEST DISRUPTOR
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AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
ALL THE WAY LIVE
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