CNet Networks, famous for it’s news.com technology web site (among others), has acquired certain assets from mp3.com.

An MP3.com news release states: “MP3.com’s content administration tools will remain available until the site is redirected on December 2, 2003. Please note, however, that promptly following the removal of the MP3.com website, all content will be deleted from our servers and all previously submitted tapes, CD-ROMs and other media in our possession will be destroyed. We recommend that you make alternative content hosting arrangements as soon as practicable.”

This is the first step towards another downloading service. CNet is looking to challenge the already crowded market with a site that “will be the place you go to know about music.”

Further details were not disclosed.






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