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The eMusic Story
eMusic is the world’s largest retailer of
independent music and the world’s second-largest digital music
retailer overall, offering more than 2 million tracks from more than
13,000 independent labels spanning every genre of music. A
subscription-based service that allows consumers to own, not rent
their music, eMusic is the largest service to sell tracks in the
popular MP3 format – the only digital music format that is
compatible with all digital music devices, including the iPod®.
eMusic targets and successfully direct-markets to consumers who are
interested in music outside the commercial mainstream, dramatically
expanding the sale of catalogue typically known as "the long tail." Since Dimensional Associates acquired eMusic in 2003, the company
has more than tripled its subscriber base.
Dimensional
Associates is the operating company that manages private equity
investments made by JDS Capital. Holdings include the Orchard, the
world’s leading digital distributor of music and video, and
Dimensional Music Publishing, which owns or controls more than
20,000 songs, from "Take the A Train" to "Country Roads." In 2003,
Dimensional purchased eMusic from VU Net USA, which bought the
company in 2001. The groundbreaking digital music retailer was
originally founded as GoodNoise in 1998 by entrepreneurs Gene
Hoffman and Bob Kohn and was the first company to sell digital music
in the MP3 format. It was renamed eMusic in 1999 and launched the
first digital music subscription service in 2000.
The eMusic
Experience
eMusic caters to music
lovers of all types in the underserved 25-54 demographic. It does so
by cultivating a vast catalogue from the world’s top independent
labels that spans every conceivable musical genre, by offering
unrivaled music discovery tools and by providing tracks in a high
bit rate (192K VBR) MP3 format with no DRM. It all adds up to a
pro-consumer experience that gives subscribers the ultimate in
flexibility, and just as importantly, ample opportunities to
discover new, exciting music.
eMusic sells music in the
universally compatible MP3 format — the most widely utilized digital
music format, used by hundreds of millions of consumers, and the
only one that offers all the functions of physical music products
such as the CD. The MP3 format allows consumers to play tracks on
any device, burn CDs and make as many copies as they like for
personal use.
eMusic focuses on selling music beyond the
commercial mainstream in every genre, including rock, jazz, comedy,
hip-hop, blues, classical, country, folk, children's music,
electronic, world, reggae and more. Unlike so much of today's
commercial Top 40, independent music is simply about great music.
Top independent artists include familiar names such as Johnny Cash,
Ray Charles, Miles Davis, Bob Marley and Creedence Clearwater
Revival, established rule-breakers such as the Pixies, Lucinda
Williams and Black Flag, and breaking new artists like Neko Case,
the New Pornographers and Ying Yang Twins.
eMusic has deep
relationships with the world's most innovative independent record
labels, enabling it to offer cutting-edge music to its subscribers
on or before its release date. eMusic's label roster includes top
sellers like Concord Music Group, Koch, Naxos and Beggars Group, and
other well-known independents such as Epitaph, Touch and Go, Merge,
Sun Records, Cooking Vinyl, Fantasy, Bloodshot, Blood and Fire, TVT,
Nettwerk, Vice, Thrill Jockey, Fat Possum, Razor & Tie, Six
Degrees, SST, Smithsonian Folkways, Stones Throw and more.
To help consumers navigate this wide-ranging catalogue,
eMusic provides award-winning editorial created by a staff of more
than 120 of the best music journalists and experts in the country,
led by eMusic editor-in-chief Michael Azerrad, the acclaimed music
journalist and best-selling author. The web site includes the Review
of the Day, regular columns in every genre and the popular eMusic
Dozen, which is a brief overview of a genre, era, place or artist,
followed by concise, insightful reviews of the 12 best eMusic albums
fitting the topic.
Other discovery tools include the eMusic
Toolbar, which offers members a free MP3 download every day, and
puts Internet search and quick search of eMusic's vast music
catalogue at members' fingertips. "Neighbors," "Friends" and
"Playlists" features allow members to share their discoveries with
each other, and eMusic provides powerful technology that analyzes
members’ download histories and ratings to suggest playlists and
personalized recommendations of new arrivals. Members can further
customize their eMusic experience by developing their own
PowerCharts™ and subscribing to genre-specific newsletters.
eMusic is a subscription-based service, allowing members to
download tracks for substantially less than they would pay with
other download services. Various pricing plans allow customers to
pay as little as 27¢ per track, encouraging them to sample new
artists and as a result, purchase more music — eMusic customers
typically buy more than 20 tracks per month, while iTunes users
average only 1 – 2 tracks per month.
Executive Management
eMusic’s finely tuned user experience is the product
of seasoned music, direct marketing, product development and
technology experts. eMusic President and CEO David Pakman is a
pioneering digital music entrepreneur, having co-founded digital
music "locker" company Myplay, Inc. (acquired by Bertelsmann), held
senior positions with BeMusic/Bertelsmann, N2K Entertainment, and
served as a co-creator of Apple Computer’s Music Group. The rest of
the eMusic staff includes more than ten actively recording and
gigging musicians, as well as industry veterans who’ve worked
closely with Sonic Youth, Nirvana, Slash, the Jesus & Mary
Chain, Paula Cole, Bobby McFerrin, Ben Folds and contributed to the
success of BMG Music Service, Publishers Clearing House, CDNOW, Real
Networks, Infoseek and Microsoft.
Value to Labels and Partners
eMusic is a superior partner for independent labels,
enabling them to break new bands with an audience that is eager to
sample new artists. The eMusic subscription model and low consumer
price point help labels increase the sales of non-mainstream, niche
and out-of-print music.
eMusic actively works with
consumer-facing companies to develop customized, iPod®-compatible
digital music strategies for their customers. Current major
marketing partners include Circuit City, Westin Hotels, CompUSA and
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