Loudeye Powers Digital Music Store for Swiss Retailer Migros Electronics
07 February 2005 - 7:05PM
PR Newswire (US)
Loudeye Powers Digital Music Store for Swiss Retailer Migros
Electronics Loudeye's OD2 Services Launch Customized Music Store in
Three Languages SEATTLE and COLOGNE, Germany, Feb. 7
/PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a worldwide
leader in business-to-business digital media solutions, today
announced its OD2 services have launched a customized digital music
store for Migros Electronics in Switzerland. Migros Electronics is
one of Switzerland's largest retailers offering a wide variety of
products ranging from food and electronics to home furniture and
cosmetics. The new music site, which is live today at
http://www.i-m.ch/, provides access to hundreds of thousands of
songs across a wide range of musical genres. Songs on the Migros
Electronic site use the Windows Media Audio format, which is
compatible with more than 70 portable music devices. "As one of the
largest retailers in Switzerland, Migros Electronics has strong
branding and market visibility which may be enhanced through the
launch of customized music services," said Anke Fleischer, managing
director of Loudeye's OD2 services in Germany. "We completed the
development phase of the Migros Electronics music store in
approximately 2 months. This short development period demonstrates
the flexibility and scalability of Loudeye's OD2 services." 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 digital music archive, a broad catalog of
licensed digital music 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 press release contains forward-looking information
within the meaning of the U.S. Private Securities Litigation Reform
Act of 1995. These statements are based on current estimates and
actual results may differ materially due to risks, including
completion of country store launches and accompanying platform
development; possibility of adverse changes in the markets for
distribution of digital music that Loudeye and its OD2 services
target; adverse or uncertain legal developments with respect to
copyrights surrounding the creation and distribution of digital
content; pricing pressures and other activities by competitors;
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 (Europe),
Nicola Wesselburg, Faktor 3, 49(0)40 679446-36, or , or
Media/Public Relations (U.S), Karen DeMarco of mPRm,
+1-323-933-3399, or , both for Loudeye Corp.; or Investor
Relations, Michael Dougherty of Loudeye Corp., +1-206-832-4000, or
Web site: http://www.i-m.ch/ Web site: http://www.loudeye.com/
Copyright
Loudeye (NASDAQ:LOUD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Loudeye (NASDAQ:LOUD)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Loudeye (NASDAQ): 0 recent articles
More Loudeye (MM) News Articles