EMUSIC.COM COMPLETES ACQUISITION OF CDUCTIVE.COM

Market Wire, December, 1999

EMusic.com Inc. (Nasdaq: EMUS), the Internet's leading seller of downloadable music, today announced the completion of its acquisition of privately-held Cductive.com. Starting today, EMusic.com will begin to make selections of Cductive.com's premier catalog of underground indie music available for sample, purchase and download in the MP3 format from the EMusic.com Web site.

"We believe the combination of Cductive.com's collection of 65,000 licensed tracks with our own catalog amounts to the best and largest offering of downloadable music for sale anywhere on the Internet," said Gene Hoffman, EMusic.com president and CEO. "This acquisition significantly strengthens our offering in several popular youth-oriented music genres, such as dance/electronic, indie rock and hip-hop."

Through this acquisition, EMusic.com will be able to offer downloadable music from such genre-leading artists as Built To Spill, Coldcut, DJ Spooky, DJ Vadim, The Donnas, Eminem, Green Day, Helmet, Hole, Iggy Pop, Invisibl Skratch Piklz, Mary Lou Lord, Derrick May, Melvins, Mix Master Mike, Red Hot Chili Peppers, Roni Size, Sleater-Kinney, Elliot Smith, Jon Spencer Blues Explosion and X-ecutioners. EMusic.com also inherits digital distribution relationships with over 350 leading independent record labels, including Asphodel, Flydaddy, Jazz Fudge, K Records, Kill Rock Stars, Lookout!, Moving Shadow, Ninja Tune, Sugar Free, and Ultra Records.

About EMusic.com

Since it was founded in January 1998, EMusic.com has established itself as the leader in the growing market for downloadable music. www.emusic.com is a Web site for sampling and purchasing music in the MP3 format, which has become the standard in the digital distribution of music. Through direct relationships with leading artists and exclusive licensing agreements with over 500 independent record labels, EMusic.com offers an expanding collection of over 50,000 tracks for purchase -- individual tracks for 99 cents each or entire downloadable albums for $8.99.

EMusic.com features top artists in all musical genres, such as Alternative (Bush, Beck, They Might Be Giants, Frank Black), Punk (Blink-182, The Offspring, Pennywise), Jazz (Duke Ellington, Dizzy Gillespie, Louis Armstrong, Concord Records), Blues (John Lee Hooker, B.B. King, Buddy Guy), Hip Hop (Kool Keith, The Coup), Country (Merle Haggard, Patsy Cline), Rock (Phish, Goo Goo Dolls, David Crosby, Frank Zappa), World (Nusrat Fateh Ali Kahn, Lee 'Scratch' Perry) and Vintage Pop (Liza Minnelli, Eartha Kitt, Judy Garland). The company is based in Redwood City, California.

EMUSIC is a registered trademark and EMUSIC.COM is a trademark of EMusic.com Inc.

NOTE TO EDITORS: Copies of previous EMusic.com press releases, additional background on the company, executive biographies and electronic versions of the EMusic logo, can be found in the EMusic Press Room at http://www.emusic.com/about/press_room/

Any forward-looking statements contained in this release involve a number of uncertainties, risks and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to materially differ. Factors that could cause actual events or results to differ materially include, among others, those set forth in the Company's S.E.C. reports.