Any Music launched

Interesting Press Release by Sony Japan: " February 1, 2004 the 8 companies (Kenwood Corp., Sharp Corp., Sony Corp., Pioneer Corp., Onkyo Corp., D&M Holdings Inc., Victor Company of Japan, Ltd. (JVC), and Yamaha Corp.) agreed on a joint investment to establish Any Music Inc. The new company will establish a broadband music service platform that will distribute music directly to compatible audio equipment. Any Music service is due to start on May 20 2004. Any Music will partner with LabelGate Inc. a music distribution company formed by the joint investment of Japan's leading record labels for system integration and content provision". Sounds like a major initiative. Capital: ¥600 million. A good start.