Speakeasy and EMusic.com Partner to Provide Broadband Digital Music Service
Companies Offer a Legitimate, Seamless MP3 Download Experience for Online Music Fans
Seattle, Wa. and Redwood City, Calif. - June 14, 2001 - Broadband service provider Speakeasy.net and digital music provider EMusic.com (Nasdaq: EMUS), today jointly announced that they have teamed up to offer an MP3 music subscription service to Speakeasy.net members. This "first-of-its-kind" model is aimed at seamlessly integrating EMusic's high-quality MP3 downloads into the Speakeasy.net member experience, ensuring fast, reliable downloads, ease-of-use, transparent pricing, and a broad selection of over 175,000 songs from established artists.
Under the terms of the partnership, Speakeasy.net will introduce special offers to its members for subscriptions to EMusic's extensive catalog of digital music downloads, streamlining the billing process by allowing members to remit payment for the service along with their monthly broadband service payment. Both companies view the partnership as a significant first step toward establishing a viable business model for ISPs to facilitate the legitimate distribution of music online where artists and record labels are compensated for their intellectual property.
"It's imperative that we take a proactive approach to this issue," comments Michael Apgar, Speakeasy.net's CEO. "Providing our members with streamlined access to EMusic's premium music service addresses two key issues quality of the music and compensation for the artist."
"I believe this is a milestone partnership for the maturing digital music market," said Gene Hoffman, president and CEO of EMusic.com. "We applaud Speakeasy.net's forward-thinking, progressive leadership in delivering a real-world broadband music service that bridges the interests of both musicians and their fans."
For additional information on this new digital music service, including pricing and availability, Speakeasy.net members can login to the Total Account Control system located at http://www.speakeasy.net/tac.
About EMusic.com
EMusic.com (http://www.EMusic.com) is a revolutionary new music
discovery service that allows fans to download as much music as they
desire for as little as $9.99 a month. Through direct relationships
with well-known artists and exclusive licensing agreements with over
700 independent record labels, EMusic offers an expanding collection
of over 175,000 MP3s for download.
About Speakeasy.net
Founded in 1994, Speakeasy.net is a privately held, national Broadband
Service Provider focused on building a comprehensive broadband
experience by fusing the utility and entertainment available on the
Internet. As an independently competitive ISP, Speakeasy.net offers
broadband connectivity via DSL, offering distinct packages and
value-added services that define the broadband frontier. For the
complete Speakeasy.net story, please visit
http://www.speakeasy.net/inside