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EMI takes stake in musicmaker

Margaret Kane ZDNet.co.uk

Published: 11 Jun 1999 07:28 BST

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Record company EMI said today that it was acquiring a 50 percent stake in musicmaker.com, an Internet company that lets users create their own CDs. As part of the deal, the company's have agreed to a five-year deal that gives musicmaker access to EMI's library.

Financial terms of the deal were not released.

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