BMG Entertainment Issues Statement on Napster Ruling NEW YORK, Feb. 12 /PRNewswire-AsiaNet/ -- Rolf Schmidt-Holtz, President and CEO, BMG Entertainment, today issued the following statement in response to the Ninth Circuit Court of Appeals ruling in the Napster case: "BMG remains committed to the development of secure file sharing services that compensate our artists and other rightsholders. BMG recognizes the strong consumer demand for file sharing and will work with BeCG and Napster in developing industry-supported services that bring fans closer to their favorite artists." BMG Entertainment is the global music division of Bertelsmann AG, one of the world's leading media companies, with annual revenues of $17.6 billion. BMG owns more than 200 record labels in 54 countries, including Arista Records, the RCA Music Group and Ariola. As a leader in using the Internet to bring fans closer to their favorite artists, BMG's online presence includes more than 35 wholly owned music & lifestyle Web sites around the world brought together under the click2music.com umbrella. BMG also owns one of the world's largest music publishing companies, and one of the world's leading compact disc and cassette manufacturing companies. SOURCE: BMG Entertainment CONTACT: Keith Estabrook of BMG Entertainment, 212-930-4961, [email protected] Web site: http://www.bmg.com-END-