Re: [microsound] napster shut down

[multsanta <multsanta@xxxxxxxx>]

At 01:08 AM 7/28/00 -0700, you wrote:
> , and Napster is another collection of people who would like to do the 
> same with their software.  (If anyone doubts the latter claim, note this 
> statement from the Napster website:  "Napster, Inc. recently closed a $15 
> million Series C venture capital funding round."  That amount could likely 
> fund all of the musicians and labels on this list for next several decades!)

this might sound like a stupid question, but i really don't understand how 
napster makes money at all.  I mean, it's obvious that they are making 
money, but the software is free to download, there are no visible ads on 
the webpage, etc.  Where do profits come from?  can somebody give me the 
run down?

thx...