Universal Music Publishing Group Chooses Loudeye to Power SYNCHExpress.com
April 21 2004 - 8:05AM
PR Newswire (US)
Universal Music Publishing Group Chooses Loudeye to Power
SYNCHExpress.com Loudeye Providing End-to-End Digital Music
Solution for Connecting Music Supervisors With UMPG's Rich Song
Catalog SEATTLE, April 21 /PRNewswire-FirstCall/ -- Loudeye Corp. ,
the worldwide leader in business-to-business digital media
solutions, today announced it was chosen by Universal Music
Publishing Group ("UMPG"), one of the world's leading music
publishing companies, to provide a complete end-to-end digital
music solution for UMPG's SYNCHExpress.com. Under the agreement,
Loudeye is making UMPG's music catalog available to licensed
clients through SYNCHExpress.com. Loudeye has also built a
customized and automated content management system that allows UMPG
to easily upload and organize music content. Additionally, Loudeye
is maintaining new releases on a weekly basis and providing hosting
and streaming for the digital audio content. SYNCHExpress.com
offers music supervisors for film, TV, advertising and media fast
search access to an online database of hit recordings that span
from the 1920s to present. Utilizing SYNCHExpress.com, music
supervisors can now browse songs by title, writer, genre, decade,
subject and date range as well as access audio, copyright
information and song ideas. With authorized password access, UMPG's
VIP clients can have access to full length streaming audio and
request downloads to be sent via e-mail from UMPG staff. Synch
licenses can be requested via an online form, saving client's
valuable time. VIP SYNCHExpress benefits also include a feature
that allows clients to store and organize their UMPG song
selections, receive e-mail song pitches from UMPG creative staff,
free monthly CD samplers, exclusive SYNCHExpress needle drop
promotions for pre-cleared songs and one-on-one interaction with
UMPG creative staff. UMPG owns or administers more than a million
copyrights including a multitude of prestigious catalogs including:
Interscope and Def Jam Music, Rondor Music, All Nations Music,
Charlie Daniels, Matraca Berg, Prince, Forerunner Music, Epitaph,
Greenwich/Barry, Momentum Publishing, and John Philips. Songwriters
and artists on its roster including: 50 Cent, Paul Simon, U2, Bon
Jovi, The Beastie Boys, Alanis Morissette, Fatboy Slim, Noir Desir,
and Blink-182. "We were looking for a complete solution from a
single vendor for creating a new marketing and promotional
initiative using digital music to increase exposure for our artist
roster and drive interest in licensing content from our catalog,"
said David Renzer, Worldwide President, Universal Music Publishing
Group. "Working with Loudeye enabled us to quickly and cost
effectively prepare our content for digital distribution, manage
the content, maintain our own branding and have instant access to
new releases. As a result, we were able to rapidly come to market
with a compelling product for promoting our clients to music
licensing professionals." "Our outsourcing relationship with
Universal Music Group Publishing exemplifies the depth and
flexibility of our digital media services in offering a full range
of solutions for supporting any digital music deployment," said
Jeff Cavins, Loudeye's president and chief executive officer.
"Powering SYNCHExpress.com with our digital media services helps
UMPG enhance their artist's visibility, create new revenue streams,
maintain a strong competitive advantage and establish a compelling
online presence for their music publishing business." About Loudeye
Corp. Loudeye is the 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 Universal Music Publishing Group With over 47 offices in 41
countries worldwide, Universal Music Publishing Group (UMPG) is
part of the Universal Music Group and is one of the industry's
largest global music publishing operations. Owning or administering
more than a million copyrights, UMPG's writers and catalogs
include: U2, Shania Twain, Bon Jovi, 50 Cent, Ashanti, Emilio and
Gloria Estefan, Prince, Vanessa Carlton, Godsmack, Mary J. Blige,
The Corrs, Eve, Musiq, Chemical Brothers, Jill Scott, Brian
McKnight, Ja Rule, No Doubt, Jack Johnson, Glen Ballard, Blink-182,
3 Doors Down, Anastacia, DMX, Fuel, Andrew Lloyd Webber, and the
legendary catalogs of Holland/Dozier/Holland, Leonard Bernstein and
Henry Mancini, among many others. For more information, visit
http://www.umusicpub.com/. Forward Looking Statements This release
contains forward-looking information within the meaning of the
Private Securities Litigation Reform Act of 1995, including
statements about Loudeye's relationship with Universal Music
Publishing Group and the use, performance, expected benefits and
projected revenue associated with Loudeye's digital media
solutions; and statements by Loudeye's president and CEO. 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 digital audio and
video that Loudeye serves; adverse or uncertain legal developments
with respect to copyrights surrounding the creation and
distribution of digital content; pricing pressures and other
activities by competitors; the failure of Loudeye's hosting
infrastructure; the complexity of Loudeye's services and delivery
networks; any problems or failures in the structure, complexities
or redundancies of Loudeye's network infrastructure; failures in
third party telecommunication and network providers to provide
required transmission capacity; Loudeye's capacity to scale and
support third party technologies; lack of market acceptance for
Loudeye's products and services; the possible delay in the adoption
of digital media or related applications on the web 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/public relations, Karen DeMarco of mPRm, +1-323-933-3399, or
, for Loudeye Corp.; or Heather Brown of UMPG, +1-310-235-4870, or
; or investors, Michael Dougherty of Loudeye Corp.,
+1-206-832-4000, or Web site: http://www.loudeye.com/
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