Loudeye (NASDAQ:LOUD)
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Loudeye to Provide Digital Media Services for the Music Choice
Network Launch of Customized and On Demand Video Music Channels
Music Choice Leverages Loudeye's Advanced Media Center and Digital Distribution
Experience to Deliver High Quality Music Videos to Digital Cable and
Cable-Modem Subscribers
SEATTLE, Nov. 30 /PRNewswire-FirstCall/ -- Loudeye Corp., (NASDAQ:LOUD), a
worldwide leader in business-to-business digital media solutions, today
announced it was selected by Music Choice, the premier, multi-platform music
network, to provide content ingestion, encoding, editing, watermarking and
delivery services to support the launch of Music Choice's on-demand music video
services for cable subscribers.
Through its advanced media center and seven years of digital media experience,
Loudeye is able to rapidly process and deliver hundreds of music videos to the
exact specifications necessary for decoding on set top boxes as part of the
Music Choice service. Each week, Loudeye receives the licensed content either
digitally or on tape from Music Choice and its partners. Loudeye then encodes
the videos into CableLab MPEG format, watermarks and edits them to include
Music Choice's branding and artist data specifications, and delivers them to
Music Choice for broadcast through its cable partners.
"We are excited about offering a broad selection of high quality music videos
on our new video music network," said Damon Williams, Senior Director of
Programming for Music Choice. "By utilizing Loudeye's expertise in content
digitization, we are able to expand our catalog of music videos in a very short
period of time."
The services leverage Loudeye's advanced digital audio/video router and
broadcast quality video infrastructure to deliver high quality video output for
Music Choice's on-demand service. Additionally, Loudeye's production systems
and technology enable the rapid processing of Music Choice's content, helping
meet the high volumes of music videos licensed to Music Choice that need to be
prepared for the service.
"This deal with Music Choice highlights the scalability and flexibility of our
high-end video infrastructure and media center to support a wide range of new
business models, including those in the emerging cable and high definition
video markets," said Jeff Cavins, Loudeye's president and chief executive
officer. "Music Choice is an early leader in this market and we look forward
to continuing our work with them as they approach the launch of their on-demand
service."
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/.
About Music Choice
Music Choice, the premier multi-platform music network, reaches consumers
through digital cable and satellite television, and broadband. Renowned for its
cutting-edge innovation in custom music offerings and music delivery, Music
Choice programs a comprehensive selection of music channels, produces exclusive
content, including in-studio performances, artist interviews and music shows,
and distributes concerts that feature both established and up-and-coming
recording artists. The MUSIC CHOICE(R) televised music channels currently reach
37 million households, and the exclusive concerts air in 44 million satellite
and cable homes nationally. Headquartered in Horsham, PA, Music Choice is a
partnership among subsidiaries of Microsoft Corporation, Motorola, Inc., Sony
Corporation of America, EMI Music and several leading U.S. cable providers:
Adelphia Cable Communications, Comcast Cable Communications, Cox Communications
and Time Warner Cable. MUSIC CHOICE(R) is a registered trademark of Music
Choice. Visit the Music Choice website at http://www.musicchoice.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 possibility of adverse changes in the market for distribution of
the digital media services targeted by Loudeye's services; pricing pressures
and other activities by competitors; lack of market acceptance for Loudeye's
and its customers' products and services; possible delay in the adoption of
digital media or related applications on the web or over mobile networks in
general; 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, Karen DeMarco, +1-323-933-3399, , or
Yasmeen Coning, +1-323-933-3399, , both of mPRm Public
Relations, for Loudeye Corp.; or investors, Michael Dougherty of Loudeye
Corp., +1-206-832-4000, or ; or Karen Doler of Music Choice,
+1-215-784-5842, or
Web site: http://www.musicchoice.com/
Web site: http://www.loudeye.com/