SOURCE: eMusic.com

November 20, 2008 09:30 ET

eMusic: A Quarter Billion MP3 Downloads Served

Catalogue Hits 4.5 Million; Adds Righteous Babe, Barsuk and Domino Titles

NEW YORK, NY--(Marketwire - November 20, 2008) - eMusic, the world's largest retailer of independent music and the world's second-largest digital music service after iTunes, today announced that it has sold 250 million MP3 downloads since establishing its current subscription model in 2003. The major milestone comprises music downloads sold in the U.S., Canada and the E.U., where eMusic is available in 26 European nations.

eMusic also announced that its catalogue has surpassed 4.5 million tracks with the addition of titles from high profile independent labels such as Righteous Babe Records, Barsuk Records and the Domino Recording Co. The Righteous Babe label, owned by singer-songwriter Ani DiFranco, includes DiFranco's full catalogue, plus releases from Andrew Bird and Arto Lindsay. Barsuk, the ten-year-old label based in Seattle, brings Mates of State, Ra Ra Riot, Nada Surf and the Long Winters. And Domino, headquartered in London, is known for music from The Arctic Monkeys, The Kills, Animal Collective and The Notwist.

"A quarter of a billion downloads sold is an incredible benchmark for a company that was selling less than one million downloads a month when it was re-launched in 2004. It shows that eMusic's combination of value, discovery and compatibility attracts customers who want to purchase music," said Danny Stein, eMusic Chairman. "eMusic plays an essential part of our labels' and artists' retail strategy as they seek effective ways to reach fans, build communities and sell more music."

The 250 millionth track downloaded was from In Ear Park by Department of Eagles on the 4AD/ Beggars Group label. Compared to eMusic's first 100 million downloads, the latest 100 million downloads took about one-third the amount of time (1122 days vs. 453 days).

About eMusic

eMusic (www.emusic.com) is a specialty digital entertainment retailer that has been at the forefront of offering MP3 downloads and customer-friendly prices since its inception in 1998. The company is focused on serving customers aged 25 and older by offering independent music and audio books in a universally compatible format at a great value. It is the world's largest retailer of independent music and the world's second-largest digital music service after iTunes, with more than four million tracks from 40,000 of the world's leading independent labels and thousands of titles from top audio book publishers. To super-serve its more than 400,000 customers, eMusic provides award-winning editorial content, a vibrant online community and unrivaled music discovery tools. eMusic's subscription-based service offers free music downloads or one free audio book at sign-up, giving consumers an inexpensive, low-risk way to explore great new music and books they wouldn't find otherwise. The company's music download promotions help world- class brands reward and engage with their customers. 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 wholly owned by Dimensional Associates, Inc., the private equity arm of JDS Capital Management, Inc.

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