Webnoize puts itself on music hold

Webnoize Inc., the researcher and event planner focused on online entertainment, shut itself down on Monday, but said it would reemerge in 2002.

Stating it is not immune to the same market influences that have affected others in its space, Webnoize, of Cambridge, Massachusetts, has ceased publication of industry news and research while it restructures, according to a statement on the company's Web site.

Without offering a definite date, Webnoize, which first started business in 1994, promised to be back in "early 2002 with new and improved events, products and services."

Of late Webnoize had been studying P-to-P (peer-to-peer) file sharing networks, such as Gnutella and KaZaA. The company regularly presented studies showing the popularity of new P-to-P applications and the demise of Napster, which pioneered P-to-P file sharing.

The company's last annual conference, Webnoize 2001, was held in late October in Los Angeles.

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