Yahoo! Raises Curtain on Yahoo! Digital

Business Wire, August 23, 1999

Multi-Platinum Artist Jewel Headlines

Internet Concert Series to Launch New Property

SANTA CLARA, Calif.--(BUSINESS WIRE)--August 23, 1999--

Yahoo! Teams with Beatnik, EMusic.com and Liquid Audio to

Empower Users with a Full Spectrum of Internet Broadcasts,

Digital Music, and Self-Publishing Music Tools

Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet media company, today announced the launch of Yahoo!(R) Digital (http://digital.yahoo.com), Yahoo!'s new multimedia digital site. The new property gives Yahoo! users the ability to watch and listen to Internet broadcasts from today's top music talent; preview music as well as download and purchase both secure and open audio files, including MP3; remix selected music tracks online; view on-demand video channels; interact with artists through Net Events; and browse a licensed music directory. Starting Aug. 30, users will also be able to self-publish and sell their own music online. Teaming with Beatnik, Inc., EMusic.com (Nasdaq:EMUS), and Liquid Audio, Inc. (Nasdaq: LQID), Yahoo! and Yahoo! Broadcast Services (formerly broadcast.com inc.) bring this expansive digital offering to Yahoo!'s more than 80 million unique monthly users.

"Yahoo! Digital provides our users with extremely powerful options in a forum where they can be both the entertainer as well as the entertained," said Tim Brady, vice president of production and executive producer, Yahoo! Inc. "The rich audio and video content and technology brought together through Yahoo!, Yahoo! Broadcast Services, Beatnik, EMusic.com, and Liquid Audio delivers an even richer Web experience to our users worldwide."

As part of today's launch, Yahoo! Digital and Yahoo! Broadcast Services will feature an extensive concert line-up, including multi-platinum singer/songwriter Jewel, Grammy(R)-winning Seal, current chart-topper Kid Rock, and more than a dozen other musicians and bands. Additional concerts will be broadcast (and re-broadcast) throughout August and September.

Internet Broadcast Schedule - Mon., Aug. 23
     12p - JEWEL - video
     1p - HAYDN CONCERTO No. 4 on WFMT - audio
     2p - WILLIE NELSON - video
     3p - SQUIRREL NUT ZIPPERS - video
     5p - SEAL - video
     6p - KID ROCK - audio
     7p - GEORGE CLINTON and THE P-FUNK ALLSTARS - audio
     8p - FLAMING LIPS - video
     10p - JEWEL - video
     11p - THE REVEREND HORTON HEAT - audio
     12a - MOBY - audio
     1a - ANTHRAX - audio

         (all times EDT)

In addition to the concerts, Yahoo! Digital delivers video and interactive Net events, including live chats, streaming of live and on-demand Internet broadcasts, and pay-per-view events. Eight channels of video content are also being offered, including western, horror, anime (Japanese cartoons), and fashion, with additional channels coming in the near future. Users can also tap video selections from the Yahoo! Digital front page, or access an extensive library of on-demand videos through the video archive, including movies, sports, children's programming, and classic television shows, to name a few.

Now Hear This

Througsive library of licensed music covering 16 genrewnload tracks, or purchase (through download) selected songs or entire albums. In addition to the directory,riffs, and brief song clips by dragging or click artists, including David Bowie ("Fame"), Luscious Jackson ("Ladyfingers"), Moby ("Body Rock"), and Queen Latifah ("Latifah's Had It Up 2 Here"). Using software from Beatnik, Inc., fans can easily turn their browser into a miniature sound studio. Each instrument is on a different track that users can boost, mute, solo or adjust the rhythm. The result is a rendition of the original tune, personally created by the user. Additional artists will be added to the remix list in the coming months.

All the Web's a Stage - Open Aug. 30, 1999

Yahoo! users who have dreamed of becoming a rock star, a smooth jazz artist, a country music singer, or another style of musical performer, now have their goldeplaced into an archive of user submissions. Artists who want to take their self-published music one or two steps further through Yahoo! Digital can access IUMA, owned by EMusic.com, as well as Liquid Audio's Liquid Music Network. IUMA pres technologies for the delivery of music and ss an expanding catalog of more than 22,000 tracks for sale -- entire albums for $8.99 or individual tracks for $0.99 cents each. Liquid Audio, Inc. (www.liquidaudio.com), a leading provider of software and services for the digital delivery of music over the Internet, gives musicians, record labels, Web sites and music retailers the ability to publish, syndicate and securely sell recorded music online with copy protection and copyright management.

About Yahoo!

Yahoo! Inc. is a global Internet media company that offers a branded network of comprehensive information, communication and shopping services to 80 million users worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach, and is one of the most recognized brands associated with the Internet. The company's global Web network includes 19 World properties. Yahoo! has offices in Europe, the Asia Pacific, South America, Canada and the United States, and is headquartered in Santa Clara, Calif.