Create the future you want! Learn to make money online. Visit our website and start today! www.exclusivebizopps.com
YAHOO! To Acquire Musicmatch
YAHOO! To Acquire Musicmatch
Acquisition Furthers Yahoo!'s Commitment to Providing the Most Comprehensive Suite of Music Services for Consumers, Marketers, Artists and Labels
Significantly Widens LAUNCH's Lead as the #1 Online Music DestinationCard Consolidation Credit Debt Sunnyvale & San Diego, CA -- September 14, 2004 -- Yahoo!
Inc. (Nasdaq:YHOO - News), a leading global Internet company, and
Musicmatch, Inc., a leading provider of personalized
music software and services, today
announced they have signed a definitive agreement under which
Yahoo! will acquire Musicmatch for a purchase price of
approximately $160 million in cash.
"Yahoo! is committed to being a major player in digital
music," said Terry Semel, chairman
and chief executive officer, Yahoo! Inc. "This combination bolsters
our strategy to capture the largest audience of consumers as they
make the shift to digital music and supports Yahoo!'s goal to
give consumers the greatest choice, control and flexibility in how
they interact with their music. This acquisition is one of
several product innovations and new initiatives in which Yahoo!
will invest to build our music portfolio this year and in the
future."
The iPod experience includes iTunes (or, generation models, Musicmatch Jukebox), which lets you organize your music in digital form, make copies, burn CDs, and play disc jockey without discs. Suddenly your music world includes online music stores and free music downloads. Without iTunes (or Musicmatch Jukebox), your iPod is merely an external hard drive. As a result of using iTunes (or Musicmatch Jukebox), your music library is more permanent than it ever was before because you can make backup copies that are absolutely the same in quality.
Credit Union Founded in 1997, Musicmatch pioneered complete digital music management technology. Its assets include Musicmatch Jukebox software, which allows consumers to play, burn, download, discover, and organize an entire music collection; the online Musicmatch Radio network, which offers free and premium streaming access to more than 900,000 songs and more than 200 pre-programmed stations; and the Musicmatch Music Store a la carte song download service, which offers access to more than 700,000 tracks. Most recently, the company introduced the Musicmatch On Demand streaming music subscription service, providing unlimited access to more than 700,000 songs from any computer as well as legal music sharing through its innovative "Send to a Friend" feature. The Musicmatch Jukebox is available in ten languages, including Spanish, French and German.
As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach.
Merchant Credit Guide Co The combination will substantially increase Yahoo!'s music reach from 12.9 million to an estimated 23 million listeners (Source: Nielsen//NetRatings, August 2004). This extensive reach within an active and engaged music audience will make Yahoo! even more compelling for advertisers and record labels.
In more recent versions of MusicMatch, there may be no Sound Driver options available. If this happens,
Apply Online For Credit Card "Our goal is to give consumers the music they want, how they want it, anywhere they want it. We believe Musicmatch provides a great music experience that will further extend our offerings. The combination of our strengths will help us execute on our vision of providing music fans the best and broadest suite of music products and services, from discovery to distribution to music management," said David Goldberg, vice president and general manager, music, Yahoo!. "This acquisition also gives Yahoo! a strong position in the digital music business, in both ad-supported media, such as radio and music videos, and on-demand distribution, with subscriptions and downloads."
When you sign up for HostRocket's shared or dedicated service you are offered 50 dollars in yahoo ad credits. To receive the yahoo ad credits all you have to do is open up a new Yahoo! Search marketing account. These credits may be used towards click charges on your new Yahoo! Sponsored search account. Yahoo! Sponsored Search lets you create ads that appear in the sponsored search results sections on the top and right side of the Yahoo! Search page when people search using your keywords. Yahoo! click pricing model. (You only pay when your ad is clicked) When you sign up with HostRocket you not only get a great web hosting service to launch your site on, but you also get the chance to start advertising your site with $50 in yahoo! ad credits.
By Card Credit Debt Debt Guide Additionally, Yahoo! will gain a talented team with considerable expertise in digital music technology, complementing the strengths of our existing team and accelerating its future innovation capabilities.
Payment may be made via Visa, Master Card, Diners or American Express credit cards or by bank transfer into the SAcamera bank account, the details of which will be provided on request Credit card acquiring and security Credit card transactions will be acquired for SAcamera by Iveri who are the approved payment gateway for Nedbank. Iveri use SSL3 and no credit card details are stored on the website. Users may go to www.iveri.co.za to view their security certificate and security policy. Customer details separate from card details
Credit Repair Digital music sales are expected to grow rapidly in the near future, particularly with the increasing availability of broadband access. Music subscription sales are expected to grow from $113 million this year to $890 million in 2009, while digital downloads are anticipated to reach $803 million in 2009, compared to $158 million for 2004 (Source: Jupiter Research).
Active Credit Credit Guide "We are very pleased to be joining the Yahoo! family," said Dennis Mudd, CEO and founder, Musicmatch, Inc. "By combining assets with LAUNCH, we believe that Musicmatch will have an even stronger position to take advantage of the rapidly growing digital music segment."
Credit Score Upon completion of the acquisition, Musicmatch will become a wholly-owned subsidiary of Yahoo!. The transaction is subject to customary closing conditions, including regulatory approval. It is expected the transaction will be completed during the fourth quarter of 2004.
Bad Car Credit Guide Loan This press release contains forward-looking statements that involve risks and uncertainties concerning Yahoo!'s proposed acquisition of Musicmatch, Inc., Yahoo!'s expected financial performance (including without limitation as described in the quotations from management in this press release), as well as Yahoo!'s strategic and operational plans. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, the possibility that the transaction will not close or that the closing may be delayed; the reaction of customers of Yahoo! and Musicmatch to the transaction; Yahoo!'s ability to successfully integrate Musicmatch's operations and employees; Yahoo's ability to successfully make additional investments, product innovations and implement other initiatives; the failure of digital and subscription music sales and music downloads to grow as predicted; and general economic conditions. More information about potential factors that could affect Yahoo!'s business and financial results is included in Yahoo!'s Annual Report on Form 10-K for the fiscal year ended December 31, 2003, and in Yahoo!'s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2004 including (without limitation) under the captions, "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," which are on file with the SEC and available at the SEC's website at www.sec.gov.
Bad Credit Loan About LAUNCH
Credit Definition Derivative LAUNCH (http://launch.yahoo.com), the music destination on Yahoo!, offers the most comprehensive music-related content, features and information available online. LAUNCH provides a wide selection of streaming audio, the Web's largest collection of music videos, exclusive artist features and music news covering all genres of music to Yahoo! visitors. Additionally, LAUNCH offers a compelling radio experience with LAUNCHcast, which enables users to customize their own Internet radio station or listen to dozens of pre-programmed music channels in a variety of genres.
Bad Credit Mortgage About Musicmatch
The Insider Guide To Credit Musicmatch, Inc. is a leader in music software and services, helping people find, manage, enjoy and buy music that best matches their unique tastes. The company invented the digital jukebox concept in 1997 and since then has registered more than 60 million users of its best-selling Musicmatch Jukebox. Musicmatch also has more than 225,000 subscribers to its popular music services, which include the Musicmatch On Demand streaming music subscription service, the easiest way to create the perfect playlist; the Musicmatch Music Store, the easiest way to discover and buy music; and Musicmatch Radio, featuring the world's most popular Internet radio station. With more than 700,000 songs available in its ever-expanding catalog, Musicmatch gives music lovers the freedom to enjoy music on their terms. For additional information, visit www.Musicmatch.com.
Business Credit Card About Yahoo!
Banker Complete Credit Guide Yahoo! Inc. is a leading provider of comprehensive online products and services to consumers and businesses worldwide. Yahoo! is the No. 1 Internet brand globally and the most trafficked Internet destination worldwide. Headquartered in Sunnyvale, Calif., Yahoo!'s global network includes 25 world properties and is available in 13 languages.
Share this:
More about:
- SightSpeed Internet Video Conference Voice Calling
- Yahoo! To Acquire Kelkoo
- Yahoo! to Acquire Overture
- Yahoo Activates Internet Phone Service in Yahoo Messenger
- Musicmatch Download Cards Debut in 7-Eleven Stores Nationwide
- Musicmatch Introduces First On-Demand Music Service Integrated into All-in-One Jukebox
- Musicmatch Introduces Prepaid Music Cards
- Musicmatch Software and Services to Ship with Intel Desktop Boards
- Papa John's and Coca-Cola Partner to Serve Free Music Tracks from Musicmatch




