ARTISTdirect, Inc. Files for Initial Public Offering.ENCINO, Calif.--(BUSINESS WIRE)--Sept. 22, 1999-- ARTISTdirect, Inc. today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Common Stock. ARTISTdirect is a leading online music company that provides music entertainment through the ARTISTdirect Network, an 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 offering multimedia content, music news and information; a community around shared music interests; and music-related commerce. The ARTISTdirect Network consists of ARTISTdirect.com (www.artistdirect.com), home of the online channels that the company operates and maintains 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; and the ARTISTdirect Superstore, a retail site offering a wide selection of recorded music recorded music n → música grabada and artist merchandise. Additionally, ARTISTdirect operates the ARTISTdirect Talent Agency and manages Kneeling Elephant Records. The terms of the public offering have not yet been disclosed and offers will only be made by prospectus. The public offering is being managed by an underwriting group led by Morgan Stanley
A registration statement on Form S-1 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Common Stock has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may any offers to buy be accepted prior to the time the registration statement becomes effective. This news release does not constitute an offer to sell or the solicitation of an offer to buy the Common Stock, nor shall there be any sale of the Common Stock in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification of the Common Stock under the securities laws of any such state. |
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