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  Exclusive: MSN readies online music service
Time: 14:41 EST/19:41 GMT | News Source: ActiveWin.com | Posted By: Robert Stein

In the latest play toward Microsoft's .NET initiative, Active Network has learned that MSN is close to releasing the first iteration of their online music service, called MSN Music.

The service, which will be located at http://music.msn.com or http://musiccentral.msn.com, will bear the fruits of a $90 million dollar purchase of MongoMusic, Inc. last September. MongoMusic had developed a patented music selection search technology, and had agreements with Riffage.com, Infobeat, Sony, Tower Records and Seagram's Universal Music Group. It is unclear as to the status of those agreements with MSN Music.

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