AOL Buys MusicNow, Previews Music Service

America Online announced today that it has purchased Chicago-based MusicNow LLC, a digital music subscription firm. Not co incidently, AOL also took the wraps off a public preview of its own music subscription service, AOL Music Now.

AOL Music Now features more than 1,000,000 tracks from four major music labels (Sony/BMG, EMI, Warner Music, and Universal Music) as well as a collection of independent labels. AOL Music Now enables users to browse and purchase music on an a la cart basis

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