Apple Computer Inc and Garageband.com Agree to Share Name; Apple Pays Garageband.com for Limited Rights to ``GarageBand'' Trademark.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--Jan. 7, 2004 Garageband.com, the internet's largest legal source of free MP3 music, and Apple Computer have signed an agreement to share the name "GarageBand." The deal was signed in April 2003 but kept confidential by both parties until now. Apple Computer (Nasdaq:AAPL AAPL Apple Computer, Inc. (stock symbol) AAPL American Association of Professional Landmen AAPL American Academy of Psychiatry and the Law AAPL Advance Audiovisual Presentation Limited AAPL Advocates for Arkansas Public Libraries ) has paid Garageband.com a one-time fee in order to use the name "GarageBand" for its music-creation software, part of the Apple iLife suite launched this week. Garageband.com ( http://www.garageband.com ) will otherwise retain its original rights to use the name for a vast range of products and services. "We have tremendous respect for Apple's vision and leadership in the digital music space," said Ali Partovi, 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. of Garageband.com. "We've always shared their goal of empowering musicians, and today we're excited to share with them our name. Now, any musician can create music on Apple's state-of-the-art GarageBand software and promote their recordings on Garageband.com's award-winning web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. ." At http://www.Garageband.com, ordinary listeners determine which songs make it to the top, and over 200,000 independent musicians compete for radio airplay air·play n. The broadcasting of an audio or audiovisual recording on the air over radio or television. airplay Noun the broadcast performances of a record on radio (and coming soon, digital distribution on download services like Apple's iTunes music store). About Garageband.com Garageband.com is the world's largest musician community and home to the definitive charts of independent music. Since 1999, thirteen of Garageband.com's highest-ranking bands have been signed by major labels, one has gone double platinum, and many more have scored licensing or publishing deals. Garageband.com uses collaborative filtering Also known as "social filtering" and "social information filtering," it refers to techniques that identify information a user might be interested in. There are different kinds of algorithms used, but the basic principle is to develop a rating system for matching incoming material. to let ordinary people identify the best songs. This process provides unbiased feedback to musicians and well-organized charts of free music for consumers. Recognized by TIME Magazine as one of 2003's "50 Best Websites," Garageband.com's mission is to empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems musicians and discover the best independent music. The company's long-term vision is to redefine Verb 1. redefine - give a new or different definition to; "She redefined his duties" define, delimit, delimitate, delineate, specify - determine the essential quality of 2. how music is discovered and promoted. More info: http://www.garageband.com |
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