Now Adds MP3TV Service

In another stage of its effort to take advantage of the convergence between Internet and television, Richard Li's Network of the World (NOW) has launched MP3TV, a music and video portal that allows Internet users download music clips from leading-edge rock bands worldwide.
"This is all about music, unsigned, untamed and unleashed," said Marino Katschmaryck, who gathers the top worldwide MP3 music clips and selects the cream of the crop for NOW.
MP3 is a digital music standard that allows fans to download and trade music files on the Internet. Many unknown bands, who have been unable to get contracts with major record labels, are now distributing their music this way.
MP3TV is kicking off with 10X10, where producers select ten songs from ten different MP3 charts worldwide.
The music clips can be seen on the NOW MP3TV site, which is also set up to guide viewers to the band's home pages and to Web pages where the bands' music can be downloaded by fans at home.
The site, which can be found at http://www.NOW.com, is designed to take advantage of broadband Internet technology, and Internet users who do not yet have broadband connections may not fully appreciate it.
Source : ITDAILY.COM, http://www.itdaily.com.
Reported by Newsbytes.com, http://www.newsbytes.com.