51.   The channel is a joint venture of German media company Kirch Group and publisher Axel Springer Verlag AG.

52.   The decline was largely as expected after the figures were leaked to the German media over the weekend.

53.   The client was identified by analysts as German media concern Bertelsmann AG.

54.   The German media conglomerate is hoping to fund a Napster conversion to a subscription-based service that pays artist royalties.

55.   The German media giant Bertelsmann has confirmed publicly that it intends to buy Napster, the music-swapping service that was ruled illegal last year in federal court.

56.   The German media giant Bertelsmann lent Napster an undisclosed sum to help change the service and recieved an option to buy a stake in the company.

57.   The Imonics client was identified by analysts as German media concern Bertelsmann AG.

58.   The pending acquisition is business as usual in the publishing world, except, perhaps, for the fact that Bertelsmann AG is a German media conglomerate.

59.   The plunge created a stir in the German media because it was mostly individual investors who lost money.

60.   The resignations followed the collapse of negotiations between Napster and the German media conglomerate Bertelsmann, which had sought to acquire the online music service.