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From:schwabalerts.marketupdates@schwab.com
To:jeff.dasovich@enron.com
Subject:Internet Daily for June 5, 2001
Cc:
Bcc:
Date:Tue, 5 Jun 2001 09:15:00 -0700 (PDT)

Charles Schwab & Co., Inc.

Internet Daily for Tuesday, June 5, 2001
by Frank Barnako CBS MarketWatch.com

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EMI to let users 'burn' their own CDs

EMI Recorded Music, ranked third among the world's five largest
music labels, plans to let customers buy music tracks through the
Internet and use their PCs to make custom CDs. EMI said Tuesday
it has invested in software developer Roxio Inc., to provide the
technology necessary for recording while prohibiting unauthorized
redistribution. "Cooperation between technology companies and the
music industry is at the core of our plans to develop new revenue
streams for our artists," said Jay Samit, EMI's senior vice
president, in a statement.

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Net-only outlets dominate May listening

Seven of the 10 most-listened-to Internet radio stations last
month were Web-only operations, according to Portland, Ore.-based
MeasureCast. Top-rated MEDIAmazing.com, featuring music streams
customized to a listener's preference, was heard by an estimated
142,328 people during the month, with total listening time
clocking at 715,000 hours. Virgin Radio was ranked second,
followed by 3WK, RadioMargaritaville.com and Cablemusic.com.
MeasureCast's latest weekly report also showed that the total
number of hours streamed by online broadcasters has increased
almost 50% since January.

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WorldNet to offer users free trial video e-mail

WorldNet, the Internet service operated by AT&T, is offering a
free trial of video e-mail. The company said no additional
software is necessary to create and send the files, but users do
need a Pentium-class computer, a Web camera and a microphone.
"It's a great way to really 'see' your college kids while they're
away at school, send video greetings to parents and grandparents
and, if you're [Olympics champion] Marion Jones, display your
medals and trophies," said WorldNet Vice President Ed Chatlos.
Fremont, Calif.-based Talkway Communications, a multimedia
delivery content service provider, delivers the streaming
capability and hosts the video content on its servers. The trial
will run into July, during which time AT&T WorldNet Service will
offer subscribers up to 60 free minutes a month per account of
video e-mail. Pricing for the service after the trial's
expiration has not been disclosed.

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Washington Post online gets personal

Washingtonpost.com introduced a service that lets users custom
design their online version of the newspaper. Users can select
various modules of information -- national news, community
headlines, sports, entertainment and so forth. Specific
columnists and features can also be chosen. "Whether it's
delivering the news to e-mail inboxes, or being available [on a]
mobile phone, we are working to give users the information they
want, when and where they want it," said Washingtonpost.com CEO
Christopher M. Schroeder.

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AOL backs launch of one-stop benefits site

The National Council on the Aging and America Online said they
are co-sponsoring a Web site to guide seniors to federal and
state benefit programs. The site collects personal information
about potential recipients and delivers a report of applicable
programs and procedures. Nearly 1,000 state and federal programs
are covered by the free service, including financial assistance,
healthcare, nutrition and prescription drug programs, home energy
and weatherization benefits.

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