Find Articles in:
All
Business
Reference
Technology
News
Lifestyle

MP3.com Partners With Livemusicchannel.com To Offer Streaming Concert Footage

Market Wire, February, 2000

MP3.com, Inc. (NASDAQ: MPPP), the premier online music service provider (MSP), today announced a strategic relationship with Livemusicchannel.com , a provider of live concert performances on the internet and on television. Together, the companies have created a co-branded web site offering streaming footage of recorded live concerts.

The partnership will provide MP3.com users with access to a featured "video of the month" from Live Music Channel through the co-branded web page located at http://stations.mp3s.com/stations/11/live_music_channel.html. In addition to being able to select the video, currently footage of Jimi Hendrix's electrifying Woodstock performance of "The Star- Spangled Banner," users of the co-branded web page can link to Live Music Channel. LMC provides up-to-date tour schedules, a variety of continuously streamed concert videos, and will soon enable users to purchase concert tickets and merchandise.

"Exposing live music performances to our users demonstrates one more way we are improving the Internet experience," said Michael Robertson, chairman and chief executive officer of MP3.com. "We continue to partner with great content companies like Live Music Channel to further our MSP initiative."

"We are thrilled to have joined forces with MP3.com to increase the enjoyment of our rare vintage live-music performances," said Jonathan Loew, CEO and co-founder of Live Music Channel. "Together we can bring even more music options to the Internet. Through this partnership, we hope to see over a million new users at Livemusicchannel.com."

About MP3.com MP3.com is pioneering a revolutionary approach to the promotion, distribution, use and interaction of music. The Company's web site has grown into a premier online music service provider (MSP). The Company uses the Internet and file formats that make music files smaller to enable a growing number of artists to distribute and promote their music to a broad audience and to let consumers conveniently access this expanding music catalog. The Company's web site contains 300,000 songs from more than 50,000 artists, representing the largest collection of digital music available on the Internet. Consumers can search, preview and download music free of charge. MP3.com is traded on the NASDAQ Exchange under the symbol MPPP and is based in San Diego, Calif.

About Live Music Channel Live Music Channel was founded by Loew, Ken Mayer and Charlie Corwin in November 1998 to provide a stable platform for the distribution of existing performance footage and to facilitate the continued production of new viewing material. Live Music Channel delivers the intimacy and primal energy of concert performances to a worldwide audience of music fans. LMC's programming offers a powerful promotional outlet for recording artists and a profitable marketing venue for advertisers. In addition to the exclusive content on the net, Live Music Channel also has a weekly half-hour television show, which is currently ranked among the top three programs in its time slot. LMC-TV currently airs in New York, Los Angeles, Boston and San Francisco. LMC is the only provider of exclusive live concert footage shown on both television and the Internet.

Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the Company's new and uncertain business model, uncertainty regarding acceptance of MP3.com's products and services, MP3.com's limited operating history and risks associated with MP3.com's rapid growth. These factors and others are more fully described under "Risk Factors" in the Final Prospectus included in MP3.com's Registration Statement on Form S-1 (File No. 333- 78545) as filed with the Securities and Exchange Commission.

 

BNET TalkbackShare your ideas and expertise on this topic

The following tags are supported in BNET comments:
<b></b> <i></i> <u></u> <pre></pre>

Leave a Reply

  1. You are currently a guest | Login?
advertisement
Go
advertisement
  • Click Here
  • Click Here
advertisement

Content provided in partnership with http://findarticles.com/source//