Cashing in on the MPEG Layer 3 technology known to Internet-savvy music fans as MP3, Michael Robertson founded MP3.com in March 1998. The Internet music portal enabled web surfers to search, sample and digitally download music by utilizing MP3 technology -- an audio compression technique that allows music files to be easily passed around and downloaded from the Net. Robertson's massive Internet infiltration of the music industry made quite a splash -- MP3.com's initial public offering, at $28 per share, raised $361 million in net proceeds. Today, the company, which on......

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