Digital Music Group, Inc. to Announce Third Quarter 2006 Results

SACRAMENTO, Calif., Oct. 30  /PRNewswire-FirstCall/ -- Digital Music Group, Inc. (NASDAQ:DMGI), a content owner and leading distributor of digital music and video recordings, today announced that it will release its third quarter results after the market close on November 9, 2006.  The company will host a conference call on November 10, 2006 at 11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time to discuss its third quarter results and provide an update on the company.

To participate in the call, interested parties are invited to dial 800-901-5259 (for domestic callers) or 617-786-4514 (for international callers) at least five minutes prior to the start time.  The participant passcode is 24000544.  A live webcast of the call will be available on the company's website at http://investor.dmgi.com/.

A replay of the call will be available one hour after the call ends through November 16, 2006 by dialing 888-286-8010 (for domestic callers) and 617-801-6888 (for international callers).  The reservation code is 83926897. A replay of the webcast will also be archived on the company's website.

About Digital Music Group, Inc.

Founded in 2005, Digital Music Group, Inc. (NASDAQ:DMGI) is focused on helping consumers worldwide to experience more music, in more ways.  Digital Music Group acquires the digital rights to music and video recordings and processes these into digital format for distribution to online music stores, online video stores, and mobile channel partners including the iTunes Music Store, MSN Music, Google Video, RealNetworks, Napster, Wal-Mart Music, Yahoo! Music, Verizon Wireless, Virgin Mobile, Moderati, and others, where they are available for purchase by consumers via downloading.  For more information, please visit http://www.dmgi.com/.

Digital Music Group is a trademark of Digital Music Group, Inc.  Other names mentioned herein are the property of their respective owners.

  Contact:   Investors:
             Jesse Deal, Account Manager       Karen Davis, CFO
             Allen & Caron                     Digital Music Group, Inc.
             949 474 4300                      916 239 6010 x 2505
             

DATASOURCE: Digital Music Group, Inc.



CONTACT:  Investors, Jesse Deal, Account Manager of Allen & Caron,

[phone], , for Digital Music Group, Inc.; or Karen

Davis, CFO of Digital Music Group, Inc., [phone], ext. 2505



Web site:  http://investor.dmgi.com/ 

Web site:  http://www.dmgi.com/ 

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