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Ampcast.com Launches First of its Artist Empowering Services, Becomes Listen.com Content Partner.


Business Editors/Hi-Tech Writers

MYSTIC, Conn.--(ENTERTAINMENT WIRE)--Aug. 21, 2000

Pay-Per-Download Royalty System and Affordable Digital Media

Encoding to be Followed by More Service Offerings This Summer

Ampcast.com, a leading provider of online music entertainment, has launched a comprehensive royalty program and affordable digital video encoding and distribution service today for musical artists.

Ampcast.com, in response to requests from the online artist community to provide more added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
 services, has become a Listen.com content partner to promote its members' works and plans to introduce more artist empowering services over the summer.

The first artist empowering service to be introduced is the Ampcash online artist royalty program. Beginning today, artists promoting their music on Ampcast.com will receive a royalty each time their music is downloaded. Artists now have a means to generate revenue through Ampcast.com while taking advantage of freely distributing their music to a global audience.

Additionally, as its second artist empowering service, Ampcast.com is introducing affordable services of digital encoding and on-demand distribution of videos online. Members of Ampcast.com's artistic community will be able to take advantage of significantly more cost effective encoding services than industry standard pricing.

Users of the encoding services will also be able to take advantage of Ampcast.com to host their digital content in their online marketing efforts for their music.

Ampcast.com has also become a content partner with Listen.com, the web's comprehensive guide to online music, to increase members' exposure. "Listen.com is very pleased to be working with Ampcast.com's artist community," said Mike Tatum, Listen.com's vice president of business development. "We aim to provide fast and easy access to Ampcast.com artists through our directory so that fans will discover and download Discover & Download is MTV's special artist listing/concert series. Similar to VH1's You Oughtta Know, D&D puts the spotlight on new and upcoming artists.

Past artists have included:
  • The Academy Is...
 their music."

"It has become clear in talking to Noun 1. talking to - a lengthy rebuke; "a good lecture was my father's idea of discipline"; "the teacher gave him a talking to"
lecture, speech

rebuke, reprehension, reprimand, reproof, reproval - an act or expression of criticism and censure; "he had to
 the members of our community that burgeoning artists need more than the traditional online music model being promoted today," says Erik Briceno, COO of Ampcast.com. "Ampcast.com intends to respond. Starting with Ampcash, the highest paying download-based royalty program for freely distributed music on the Web, and the valuable promotional opportunity presented by Listen.com, we are raising the bar for empowering artists with online services."

The upcoming artist empowering services will include expanded online mail and list management features for artists to communicate with their fansand free printable templates for promotional materials among others.

Artists interested in getting paid for downloads of their songs may sign up for the artist royalty program at www.Ampcast.com.

About Listen.com, Inc.

Listen.com is the Internet's comprehensive guide to online music. The site includes original reviews and categorization of more than 130,000 artists and links to their legally posted work on 1,000 Web sites.

Listen.com's guide is also syndicated to Altavista, AOL's Spinner and Winamp, Excite@Home, Lycos, RealNetworks, shockwave.com, Snap.com, Sony and ZDNet.

Rob Reid, a former venture capitalist Venture Capitalist

An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding.

Notes:
Venture capitalists usually expect higher returns for the additional risks taken.
 and author of "Architects of the Web" founded Listen.com in December 1998.

Financial backers include all five major music labels (BMG BMG Bundesministerium für Gesundheit (Germand: Federal Ministry for Health)
BMG Be My Girl
BMG Blue Man Group
BMG Bertelsmann Music Group
BMG Be My Guest
BMG Browning Machine Gun
BMG Bulk Metallic Glass
 Entertainment, EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC.  Recorded Music recorded music nmúsica grabada , Sony Music, Universal Music Group, Warner Music Group Warner Music Group (WMG) is one of the four major record labels.

Warner Music Group also has a publishing arm, Warner/Chappell Music, which dates back to 1929, when Jack Warner, president of Warner Bros. Pictures Inc.
) the Barksdale Group, August Capital, Attractor Ventures, Hambrecht & Quist, Index Ventures, Austin Ventures, Trans Cosmos, Altos Ventures, Imagine Media 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. , Chris Anderson Chris Anderson may mean:
  • Chris Anderson (TED), curator of the TED Conference
  • Chris Anderson (writer), author, journalist, editor-in-chief of Wired Magazine
, CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion.  founder and chairman Halsey Minor Halsey Minor (born 1964 in Charlottesville, Virginia) is a technology entrepreneur who founded CNET in 1993 (initial plans for the company began in 1992). He is currently investing in new companies via Minor Ventures. , Gateway Computers founder and chairman Ted Waitt Theodore "Ted" Waitt (born January 18, 1963) is an American billionaire who was a co-founder of Gateway, Inc. Biography
Waitt was born and raised in Sioux City, Iowa and attended the University of Iowa.
 and Maverick Records' principals.

Listen.com has 150 employees and is based in San Francisco's "Audio Alley." Listen.com and the Listen.com logo are service marks of Listen.com, Inc.

For more information about Listen.com, please visit www.Listen.com.

About Ampcast.com, Inc.

Founded in 1999, Ampcast.com emerged from the growing needs and changes of the musical community in the online world. The Ampcast.com web site is an online community of music enthusiasts, artists, radio stations, music venues and live events focused on experiencing music.

Ampcast.com is a digital distribution service provider solving the inherent deficiencies of distributing music through traditional media. Ampcast.com leverages the Internet, digital media and its unique distribution strategies to provide music related content owners with unprecedented promotional opportunities and extended revenue streams.

For more information on how Ampcast can empower you, please visit us at www.Ampcast.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Aug 21, 2000
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