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News

12 Jan 2010
eMusic And Warner Music Group Announce Agreement
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eMusic, the digital music club, and Warner Music Group (NYSE: WMG) today announced that eMusic will begin selling tracks to its U.S. members from WMG’s renowned roster of artists.

The agreement includes titles from WMG’s Atlantic Records, Rhino Records and Warner Bros. Records as well as from independent labels distributed through WMG’s ADA stable that are not currently sold on eMusic.

“As a leader in the music industry’s transition to a predominantly digital music business, we have worked hard to encourage and support innovative partners and creative business models that offer our artists unique ways to reach their fans,” said Stephen Bryan, Senior Vice President, Digital Strategy and Business Development, WMG. “We are pleased to be making our music available to eMusic’s passionate membership.”

“Our editors look forward to contextualizing WMG's catalogue with the unique eMusic sensibility our members have come to expect,” said Danny Stein, eMusic President and CEO. “We're excited to work with Warner Music Group's labels, and by focusing on their hidden gems as well as classic albums, help them increase sales across their entire catalogue”

eMusic’s catalogue totals more than 7.5 million tracks spanning every music genre.  The company sells monthly membership plans beginning at 24 credits for $11.99.  Members can typically obtain single tracks for as low as $0.40 to $0.50 and albums for as low as $6.  eMusic has sold more than 350 million downloads under its current ownership.

About Warner Music Group
Warner Music Group became the only stand-alone music company to be publicly traded in the United States in May 2005. With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, Cordless, East West, Elektra, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word. Warner Music International, a leading company in national and international repertoire, operates through numerous international affiliates and licensees in more than 50 countries. Warner Music Group also includes Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.

About eMusic
eMusic (www.emusic.com) is a digital music club. With a more immersive, authentic music experience and better prices than mass market digital music retailers, it is the best way for music lovers and casual music fans to expand their music collection. eMusic combines award-winning editorial, a state-of-the-art recommendations system, and social media features to provide the most musical context for an enthusiastic community of music fans, record labels, and artists alike. Customers are encouraged to explore music with subscription pricing that rewards discovery at a better value than any legal competitor. eMusic also sells downloadable audio books from all major audio book publishers. Based in New York with an office in London, eMusic is available in the U.S., Canada and 26 E.U. nations. eMusic.com Inc. is owned by Dimensional Associates, Inc., the private equity arm of JDS Capital Management, Inc.

NOTE: eMusic and the eMusic logo are either registered trademarks or trademarks of eMusic.com Inc. in the USA or other countries. All Rights Reserved. All other trademarks are the property of their respective owners

Source: Warner Music Group