Loudeye to Provide Digital Media Services for the Music Choice Network Launch of Customized and On Demand Video Music Channels
30 November 2004 - 11:05PM
PR Newswire (US)
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/
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