eSplice Network of Online Superstores to Feature Premium Spoken Word Audio Content From MediaBay.Business Editors/High-Tech Writers MINNEAPOLIS--(BUSINESS WIRE)--Nov. 8, 2000 MediaBay To Provide Spoken Audio Downloads, Cassettes and CDs To eSplice Stores On Partner Web Sites eSplice, a wholly-owned subsidiary of Navarre Corporation Navarre Corp. is a distribution and publishing company founded in 1983 by Eric H. Paulson.[1] and is located in New Hope, Minnesota. Navarre owns three subsidiary companies Encore, Funimation, and BCI. References 1. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NAVR) that builds, hosts and manages custom-merchandised, private-label online entertainment superstores, today announced an exclusive content distribution and marketing partnership with MediaBay, Inc. (NASDAQ: MBAY), the leading provider of premium spoken word audio content and products in both hard goods and 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. formats. Under the terms of the agreement, eSplice, in conjunction with MediaBay, will create and host a new "Spoken Audio Download" channel within its network of private-label client entertainment superstores. MediaBay will supply its product database, together with digital spoken audio downloads for sale through the eSplice network. In addition to digital downloads, MediaBay will also be the strategic physical goods supplier of all spoken word cassettes and CDs to the eSplice client network. "We are constantly in the process of expanding and improving our online product catalog based upon profiles of our clients' consumer audiences," said Ian Warfield, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , eSplice, Inc. "MediaBay's offering provides a new dimension to our already varied digital catalog. Our clients' consumers represent an ideal audience for the preview, purchase and download of spoken audio content." MediaBay's unique spoken word content library, much of which is proprietary, includes more than 50,000 hours of premium spoken audio content in new formats, including secure digital downloads. Also part of the library, and sold in audio cassette A 1/8" inch, analog audio tape format that has been widely used for music distribution and home recording. Although the same size housing is used, the tape thickness and length determine the recording time. Cassettes holding from 15 minutes to 60 minutes per side have been manufactured. , compact disc and video cassette video cassette Noun a cassette containing video tape video cassette n → videocassette f video cassette n → form, as well as through the Internet, are over 60,000 radio shows and 3,500 videos. "Our agreement is beneficial to both eSplice and MediaBay," said Michael Herrick, Chief Executive Officer of MediaBay, Inc. "We plan to take advantage of eSplice's network of partner web sites and unique marketing vehicles. Our products are a perfect fit for the large consumer audiences made available through the eSplice network of partner web sites. Further, all of our content is provided in state-of-the-art digital format, providing leading products that can be sampled prior to purchase and instantly downloaded from the Internet." About MediaBay, Inc. MediaBay, Inc. is the leading provider of premium spoken word audio content and products in hard goods and digital download formats, both online and offline, which it markets to its customer database of over 2.5 million names, 650,000 opt-in email addresses and more than 2.1 million unique web site visitors. MediaBay, Inc. is one of the world's largest marketers of audiobooks through its Audio Book Club membership club, which markets and sells tens of thousands of audiobook titles through direct mail and the Internet at www.audiobookclub.com. MediaBay, Inc. is also one of the world's largest marketers of old-time radio  This article or section may deal primarily with the U.S. and may not present a worldwide view. shows and classic videos through its Radio Spirits subsidiary. About eSplice eSplice is a breakthrough provider of private-label entertainment superstores on the web sites of affiliate partners, offering entertainment products including CDs, DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and VHS (Video Home System) A half-inch, analog videocassette recorder (VCR) format introduced by JVC in 1976 to compete with Sony's Betamax, introduced a year earlier. movies, software, video games See video game console. , audio books, digital downloads and digital playback devices. Affiliated partners currently offering or soon to offer eSplice entertainment superstores to their consumer members include Provell, Milepoint, I-Jam and NCBuy.com. For more information, see our web site at www.esplice.com. About Navarre Corporation Major business groups of Navarre Corporation are its Computer Products Division, which distributes consumer software to retailers nationwide, its Independent Music Distribution, which distributes independent music labels in the U.S. and Canada, Alternative Retail Markets, which distributes major label music to non-traditional retail outlets, and DVD Home Video products. Navarre operates a business-to-business Internet web site www.navarre.com. Navarre also has an ownership position in NetRadio Corporation. The statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 212E of the Securities Exchange Act of 1934 and are intended to be covered by the safe harbors Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by these sections. The forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are subject to risks and uncertainties and the actual results, including developments in the retail and consumer markets for prerecorded pre·re·cord tr.v. pre·re·cord·ed, pre·re·cord·ing, pre·re·cords To record (a television program, for example) at an earlier time for later presentation or use. Adj. 1. music products and computer software products, retail consumer buying patterns, new and different competition in the Company's traditional and new markets, the Company's dependence upon seasonality in its business, the Company's ability to attract and retain large retail customers that account for a significant part of its business, the Company's ability to successfully act as distributor to on-line retailers, the Company's ability to manage its inventory, the Company's dependence upon recording labels and artists, the Company's ability to react to changes in the distribution of software and prerecorded music and the Company's ability to successfully defend itself against litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . The Company undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion