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eMusic: A Quarter Billion MP3 Downloads Served
Catalogue Hits 4.5 Million; Adds Righteous Babe, Barsuk and Domino Titles
NEW YORK, NY -- (Marketwire) -- 11/20/08 -- eMusic,the world's largest retailer of independent music and the world'ssecond-largest digital music service after iTunes, today announced that ithas sold 250 million MP3 downloads since establishing its currentsubscription model in 2003. The major milestone comprises music downloadssold in the U.S., Canada and the E.U., where eMusic is available in 26European nations.
eMusic also announced that its catalogue has surpassed 4.5 million trackswith the addition of titles from high profile independent labels such asRighteous Babe Records, Barsuk Records and the Domino Recording Co. TheRighteous Babe label, owned by singer-songwriter Ani DiFranco, includesDiFranco's full catalogue, plus releases from Andrew Bird and Arto Lindsay.Barsuk, the ten-year-old label based in Seattle, brings Mates of State, RaRa Riot, Nada Surf and the Long Winters. And Domino, headquartered inLondon, is known for music from The Arctic Monkeys, The Kills, AnimalCollective and The Notwist.
"A quarter of a billion downloads sold is an incredible benchmark for acompany that was selling less than one million downloads a month when itwas re-launched in 2004. It shows that eMusic's combination of value,discovery and compatibility attracts customers who want to purchase music,"said Danny Stein, eMusic Chairman. "eMusic plays an essential part of ourlabels' and artists' retail strategy as they seek effective ways to reachfans, build communities and sell more music."
The 250 millionth track downloaded was from In Ear Park by Department ofEagles on the 4AD/ Beggars Group label. Compared to eMusic's first 100million downloads, the latest 100 million downloads took about one-thirdthe amount of time (1122 days vs. 453 days).
About eMusic
eMusic (www.emusic.com) is a specialty digital entertainment retailer thathas been at the forefront of offering MP3downloads and customer-friendly prices since its inception in 1998.The company is focused on serving customers aged 25 and older by offeringindependent music and audio books in auniversally compatible format at a great value. It is the world's largestretailer of independent music and the world's second-largest digital musicservice after iTunes, with more than four million tracks from 40,000 of theworld's leading independent labels and thousands of titles from top audiobook publishers. To super-serve its more than 400,000 customers, eMusicprovides award-winning editorial content, a vibrant online community andunrivaled music discovery tools. eMusic's subscription-based serviceoffers freemusic downloads or one free audio book at sign-up, giving consumers aninexpensive, low-risk way to explore great new music and books theywouldn't find otherwise. The company's music download promotions help world-class brands reward and engage with their customers. Based in New Yorkwith an office in London, eMusic is available in the U.S., Canada and 26E.U. nations. eMusic.com Inc. is wholly owned by Dimensional Associates,Inc., the private equity arm of JDS Capital Management, Inc.
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CONTACT:Cathy NevinseMusic212-201-9201Email Contact
"A quarter of a billion downloads sold is an incredible benchmark for acompany that was selling less than one million downloads a month when itwas re-launched in 2004. It shows that eMusic's combination of value,discovery and compatibility attracts customers who want to purchase music,"said Danny Stein, eMusic Chairman. "eMusic plays an essential part of ourlabels' and artists' retail strategy as they seek effective ways to reachfans, build communities and sell more music."
The 250 millionth track downloaded was from In Ear Park by Department ofEagles on the 4AD/ Beggars Group label. Compared to eMusic's first 100million downloads, the latest 100 million downloads took about one-thirdthe amount of time (1122 days vs. 453 days).
About eMusic
eMusic (www.emusic.com) is a specialty digital entertainment retailer thathas been at the forefront of offering MP3downloads and customer-friendly prices since its inception in 1998.The company is focused on serving customers aged 25 and older by offeringindependent music and audio books in auniversally compatible format at a great value. It is the world's largestretailer of independent music and the world's second-largest digital musicservice after iTunes, with more than four million tracks from 40,000 of theworld's leading independent labels and thousands of titles from top audiobook publishers. To super-serve its more than 400,000 customers, eMusicprovides award-winning editorial content, a vibrant online community andunrivaled music discovery tools. eMusic's subscription-based serviceoffers freemusic downloads or one free audio book at sign-up, giving consumers aninexpensive, low-risk way to explore great new music and books theywouldn't find otherwise. The company's music download promotions help world-class brands reward and engage with their customers. Based in New Yorkwith an office in London, eMusic is available in the U.S., Canada and 26E.U. nations. eMusic.com Inc. is wholly owned by Dimensional Associates,Inc., the private equity arm of JDS Capital Management, Inc.
Add to Digg Bookmark with del.icio.us Add to Newsvine
CONTACT:Cathy NevinseMusic212-201-9201Email Contact
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