Loudeye Files Second Quarter Form 10-Q; Announces Engagement of Moss Adams LLP as Independent Registered Public Accounting Firm

Loudeye Files Second Quarter Form 10-Q; Announces Engagement of
Moss Adams LLP as Independent Registered Public Accounting Firm
Company now current with all SEC filings and believes it is fully compliant
with all Nasdaq Listing Standards 


SEATTLE, Aug. 31  /PRNewswire-FirstCall/ -- Loudeye Corp.
(NASDAQ:LOUDNASDAQ:LOUDE), a worldwide leader in business-to-business digital
media solutions, reported the filing of its Form 10-Q for the period ended June
30, 2004.  The Form 10-Q and Loudeye's other recently filed documents can be
obtained by visiting the SEC's website at http://www.sec.gov/.

Loudeye believes it has regained compliance with Nasdaq Marketplace Rule
4310(c)(14) requiring the timely filing of its financial reports with the
Securities and Exchange Commission ("SEC"). Loudeye expects its common stock
will resume trading under the ticker symbol "LOUD" after Nasdaq determines
Loudeye has met applicable Nasdaq listing requirements.

Separately, Loudeye today announced that it has engaged Moss Adams LLP ("Moss
Adams") to serve as Loudeye's independent registered public accounting firm for
the fiscal year ending December 31, 2004.

Moss Adams LLP provides accounting, tax and consulting services to public and
private middle-market enterprises in many different industries.  Founded in
1913, and headquartered in Seattle, Washington, Moss Adams has offices in
Washington, Oregon and California.  Moss Adams is now the 10th largest
accounting and consulting firm in the U.S., and the largest headquartered on
the West Coast.  Its staff of 1,300 includes more than 180 partners.

"We are pleased to announce our engagement of Moss Adams," said Larry Madden,
Loudeye's chief financial officer.  "We will be working closely with Moss Adams
over the upcoming weeks and months to ensure a smooth transition to our new
independent accountants."

Loudeye's engagement of Moss Adams follows the previously announced resignation
of PricewaterhouseCoopers LLP ("PwC") as the company's independent registered
public accounting firm, effective on completion by PwC of its review of
Loudeye's second quarter 2004 financial statements.

About Loudeye Corp.

Loudeye is a worldwide leader in business-to-business digital media solutions
and the outsourcing provider of choice for companies looking to maximize the
return on their digital media investment. Loudeye combines innovative products
and services with the world's largest music archive and the industry's leading
digital media infrastructure enabling partners to rapidly and cost effectively
launch complete, customized digital media stores and services. For more
information, visit http://www.loudeye.com/.

Forward Looking Statements

This release contains forward-looking information within the meaning of the
Private Securities Litigation Reform Act of 1995.  These statements are based
on current estimates and actual results may differ materially due to risks,
including the determination by Nasdaq that Loudeye has met all requirements
under Marketplace Rule 4310(c)(14), exact timing of change of Loudeye's ticker
symbol from "LOUDE" to "LOUD," and other risks set forth in Loudeye's most
recent Form 10-Q, Form 10-K and other SEC filings which are available through
EDGAR at http://www.sec.gov/.  Loudeye assumes no obligation to update the
forward-looking statements. 

DATASOURCE: Loudeye Corp.



CONTACT:  Media/Public Relations: Karen DeMarco of mPRm, [phone]

or , for Loudeye; or Investor relations: Michael Dougherty of

Loudeye, [phone] or 



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

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