ARTISTdirect, Inc. Acquires Mjuice.com to Enhance Delivery of Digital Music.Business Editors & Internet/Entertainment Writers ENCINO, Calif.--(BUSINESS WIRE)--March 8, 2000 Online music company ARTISTdirect, Inc. (www.artistdirect.com) today announced that it has signed a definitive merger agreement to acquire Mjuice.com Inc., the Web's largest secure-MP3 distributor. The acquisition furthers ARTISTdirect's goal of delivering its users the best in digital music by providing them with access to Mjuice's MP3-based secure digital distribution platform and broad catalogue of over 30,000 music tracks from more than 70 record labels. Additionally, Mjuice's employees will join the staff of ARTISTdirect, including information technology, product and musicstaff who will help integrate emerging digital distribution technologies across the ARTISTdirect Network. Financial terms of the deal were not disclosed. Mjuice co-founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Arnold Brown Arnold Brown can refer to:
About ARTISTdirect, Inc. The ARTISTdirect Network (www.artistdirect.com) is an online music network that connects music artists and fans. The integrated network A network that supports both data and voice and/or different networking protocols. See converged network and new public network. of Web sites offers multi-media entertainment content, music news and information, community around shared music interests, and music-related commerce. The ARTISTdirect Network consists of ARTISTdirect.com (www.artistdirect.com), home of the official channels that the company operates on behalf of artists; UBL (Universal Business Language) A format for exchanging data from one XML business language to another. Based on ebXML Core Components, UBL is designed to provide a common language that acts as an intermediate vocabulary so that one XML vocabulary can interoperate with .com (www.ubl.com), a leading music search engine on the Web; iMusic (www.imusic.com), an online community site where fans exchange music interests and commentary; DOWNLOADSdirect, (www.downloadsdirect.com), a feature which enables users to download music from the ARTISTdirect Network and to upload their music and other information, and the ARTISTdirect Superstore su·per·store n. A very large retail store that stocks highly diversified merchandise, such as groceries, toys, and camera equipment, or a wide variety of mechandise in a specific product line, such as computers or sporting goods. , a retail site offering a wide selection of recorded music recorded music n → música grabada and artist merchandise. Additionally, ARTISTdirect, Inc. operates the ARTISTdirect Talent Agency and manages Kneeling Elephant elephant, largest living land mammal, found in tropical regions of Africa and Asia. Elephants have massive bodies and heads, thick, pillarlike legs, and broad, short padded feet, with toes bearing heavy, hooflike nails. Records About Mjuice.com, Inc. Founded in 1998, Mjuice.com has pioneered the first MP3-based music security and download system. Based on this system, the company has established a network of affiliate partner sites - led by the flagship Mjuice.com music store - to promote, distribute and sell secure digital music. Mjuice currently offers its distribution partners access to an extensive music catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C. of 30,000 licensed tracks from more than 70 major and independent record labels. Current Mjuice distribution partners include AOL's Winamp, Real Networks, Y2G Y2G Year 2 Grand (2000) .com, Infospace.com, iSyndicate.com, Hookt.com and AKA.com. Mjuice is based in San Francisco's Audio Alley and currently has 35 employees. For more information visit www.mjuice.com. |
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