24-Jan-00

MP3.com Announces Suit By RIAA

MP3.com, Inc. (NASDAQ: MPPP), the premier online music service provider (MSP), confirmed Friday that it had been served with a complaint for copyright infringement filed by the RIAA in New York federal court. ""On behalf of consumers, we are disappointed that the positive benefits and security features of our newly upgraded My.MP3.com service are misunderstood by the RIAA and its member companies,"" said Michael Robertson, Chief Executive Officer of MP3.com. ""My.MP3.com provides more choices for consumers to do what they want with the music they already own. Our technology also empowers artists to communicate directly with their fan base. We believe My.MP3.com will stimulate CD sales and expand the music industry overall."" Mr. Robertson also stated, ""Although we haven't had an opportunity to review the complaint, we plan to defend this suit vigorously through the courts. We have every intention of fighting this to the court of last resort, if necessary.""

For more information, see Mr. Robertson's response to the RIAA's open letter by visiting http://www.mp3.com.