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Article: MP3.com sell-off a blast from the past: auction a flashback to dot-com boom's free-spending era.
- Article from:
- San Diego Business Journal
- Article date:
- March 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Herman Miller Aeron chair is a unique piece of office furniture that sells in the $800 range. It symbolizes the days of dot-com exuberance.
More than 100 of them will go on sale later this month as Vivendi Universal Net USA Group unloads the assets of San Diego's highest-profile dot-com, MP3.com.
The music Web site was a hot IPO in 1999 but ran into legal troubles with the major music labels shortly thereafter. One of those labels, Vivendi Universal, went on to buy the company in 2001, for $372 million.
Now up for auction are rows of computer servers, digital audio- and video-production gear, the contents of a 10,000-square-foot gym, a ...