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• Apple introduces it's first iPod and the iTunes player.

• Sirius XM launches BPM -  it's 1st Electronic/Dance channel.

• Damon Albarn's Gorillaz enters the Guinness Book of Records as the Most Successful Virtual band with their first studio album selling over 7 million copies worldwide. 

• Tiësto releases his first solo album, In My Memory, on Black Hole Recordings.

• 21 year old Northern Irish Godskitchen resident Fergie joins BBC Radio 1.

• Napster shuts down its entire network in order to comply with a court injunction ordering it to halt the trading of copyrighted files

• James Zabiela signs to Sasha’s Excession management company after winning Muzik Magazine’s “ Bedroom Bedlam”

• Pacha opens in London.

• Home closes in London.

• Despite the British countryside being ravaged by Foot & Mouth disease, there was huge amount of festivals from Homelands, Global Gathering, Gatecrasher, The Big Chill and Ministry of Sound's Knebworth 01.

• David Morales signs to Galaxy FM for a weekly show.

• Ministry of Sound radio goes FM across London.

• Fatboy Slim holds the first Big Beach Boutique in Brighton.

Notable Albums
 

• Röyksopp ‎– Melody A.M [Wall of Sound]

• Daft Punk - Discovery [Virgin]

• Gorillaz - Gorillaz [Parlophone]

• Jamiroquai - A Funk Odyssey [Sony]

• Gatecrasher: The Album Series (Black, Red, Wet & DiscoTech) [InCredible]

• Paul van Dyk - The Politics of Dancing [Ministry of Sound]

• Ministry of Sound - The Chill Out Session [MoS]

• Andy C - Ram Raiders - The Mix [RAM Records]