CustomDisc.com Announces Broad-Based Strategic Relationship With Sony Music Entertainment.Business, Entertainment & High Tech Editors NEW YORK--(BUSINESS WIRE)--Feb. 22, 2000 CustomDisc.com, a leading Internet music marketing and distribution company, today announced an equity-based strategic relationship with Sony Music Entertainment Sony Music Entertainment is a major global record label controlled by the Sony Corporation. In 1988, Sony Corporation acquired CBS Records, Inc. for $2 billion. CBS Inc., now CBS Corporation, retained the rights to the CBS name, and Sony renamed the label for the delivery of customized personal entertainment. As the company's first content agreement with a major label, this deal marks a significant milestone in CustomDisc.com's evolution by providing a broad scope of personalized digital entertainment mechanisms that capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the convergence of digital technology and personalized entertainment. CustomDisc.com users will be provided access to over 10,000 tracks from Sony Music Entertainment labels, from both deep and active catalogue. This content will be applied to various entertainment devices including custom CDs, CustomMiniDiscs and business to business applications. The deal also allows for Sony Music to reintroduce Re`in`tro`duce´ v. t. 1. To introduce again. Verb 1. reintroduce - introduce anew; "We haven't met in a long time, so let me reintroduce myself" re-introduce full-length out-of-print albums using CustomDisc.com's JIT JIT - dynamic translation (just-in-time) manufacturing technology. Product is expected to be available through CustomDisc.com this spring. "This relationship marks a significant step in our evolution as a leader in personalized digital entertainment," said CustomDisc.com C.E.O. David Gould. "We're committed to delivering all types of music on all formats, perfectly targeted through our extensive marketing network." "We identified early on that this would be a great venue for promoting our artists, and we look forward to working with CustomDisc.com to create unique offerings for music fans," said Ron Urban, senior vice president, Sony Music Entertainment. "Customdisc.com provides Sony Music with a new avenue for creating one-on-one relationships between fans and artists." About CustomDisc.com: Based in Stamford, Connecticut Stamford is a city in Fairfield County, Connecticut, United States. According to 2006 Census Bureau estimates, the population of the city is 119,261, making it the fourth largest city in the state. and founded in 1996, CustomDisc.com is a privately-held personalized digital entertainment company, offering their partners and customers the ultimate choice of creating their own personalized digital entertainment in every format. The range of products includes or will include CustomDiscs, digital download  The perspective and/or examples in this article do not represent a world-wide view. Please [ edit] this page to improve its geographical balance. , CustomVideoDiscs, CustomMiniDiscs, CustomDVDs and Just-In-Time CDs. Serving as a syndication and distribution company for the digital entertainment industry, CustomDisc is an enabler for business-to-business turnkey marketing, promotion, manufacturing and corporate product fulfillment needs. CustomDisc.com uses an exact, one-to-one digital transfer of the original master recording to produce the same Red Book Audio compact disc consumers find in stores. To date, CustomDisc.com has licensed more than 250,000 individual tracks from over 200 record labels. The company's industry-leading business-to-business distribution network includes more than 100 leading online music retailers, radio stations and music destination websites, including Tower Records, Wherehouse Music, CDNow, Liquid Audio and TWEC TWEC Trans World Entertainment Corp.TWEC Todd-Wadena Electric Cooperative . Major shareholders include AMFM AMFM Association of Marriage and Family Ministries AMFM Automated Mapping Facilities Management AMFM Association des Modélistes Ferroviaires de Montréal (French: Montreal Railroad Modelers Association) and Sony Music. For more information go to http://www.customdisc.com. About Sony Music Entertainment: Sony Music Entertainment (SME (1) (Small and Medium-sized Enterprise) See SMB. (2) (Subject Matter Expert) An individual who is well-versed in the policies and procedures of a particular department or division. ), a leading global producer, manufacturer, and marketer of recorded music recorded music n → música grabada and video, has a presence in 60 countries. In the past year alone, SME has aggressively expanded its online presence with key investments in such leading online companies as ARTISTdirect, AudioBase, Digital On-Demand, Dobedo, Exactis, i3 Mobile, lastminute.com, Launch Media, Listen.com, MongoMusic, OnRadio, Platform.net, Quintus, Spinner.com, TalkCity and Yupi.com. The company has also acquired leading email publishers InfoBeat and EMAZING.com. |
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