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EMusic
eMusic is an online music and audiobook store that operates by subscription. In exchange for a monthly subscription eMusic users can download a fixed number of MP3 tracks per month. eMusic was established in 1998, is headquartered in New York City with an office in London, and is owned by TriPlay.
The original eMusic was started in March 1995 by Mark Chasan as the fourth online CD retailer. Originally conceived as an online record retailer, Chasan envisioned the system providing "direct digital delivery of music to homes" at low prices. At the time, Chasan was working on several new audio streaming methods, since existing technology had low sound quality with long download times, and he was working on improving this functionality. Eventually his service was able to sell digital music files online.
In February 1998, Chasan partnered with Nordic Entertainment, owned by Kent Kiefer, to increase the catalogue available to eMusic customers. They became the first digital media retailer and sold the first MP3 players on the internet. Both companies were then acquired by Goodnoise Records, which was owned by Gene Hoffman, Bob Kohn, and Gary Culpepper. They also acquired on-line music pioneer Internet Underground Music Archive (IUMA). The combined company continued to be known as eMusic. It went public on Nasdaq in 1999.
eMusic then purchased Guy Giuliano's internet radio service GBS Radio Networks. The new consortium launched the first online radio network LoudRadio, to broadcast over a terrestrial radio station via KLOD-FM in Flagstaff, Arizona along with IUMA. In November 1999, eMusic acquired main rival Cductive and in December 1999 acquired Tunes.com, which operated Rollingstone.com and DownBeatJazz.com. Then in 2001, the major label Universal Music (then a division of Vivendi Universal) bought eMusic.com for US$24.6 million.
In November 2003, the service was purchased from VU Net USA by a New York–based private equity arm of JDS Capital Management, Inc. Following a contentious period during which information disseminated by the company was limited, it was relaunched in 2004. Relaunch was soon followed by a new format for the eMusic site, significant increase in both editorial and music content and an eventual price increase for most subscription levels. Commensurate with this relaunch, David B. Pakman became the CEO of the company until leaving in November 2008.
On October 21, 2015, eMusic was acquired by Israeli media startup, TriPlay. The full terms of the deal have yet to be disclosed.[needs update]
eMusic is a digital music store, founded in 1998 as one of the first sites to sell DRM-free MP3s. The site also features original editorial content and was expanded in March 2014 to include Wondering Sound, an online music publication which includes eMusic's archived music features, interviews, news, photography, and new long-form articles and interviews.
eMusic's music store, as of March 2011, had more than 12 million tracks, up from 9 million tracks in September 2010. New subscribers can take out a seven-day trial before taking a full subscription; the trial account becomes a billable subscription account after seven days. Refunds are possible, under certain circumstances, by contacting eMusic customer support. Subscriptions allow users to download a number of tracks per 30-day period.
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EMusic
eMusic is an online music and audiobook store that operates by subscription. In exchange for a monthly subscription eMusic users can download a fixed number of MP3 tracks per month. eMusic was established in 1998, is headquartered in New York City with an office in London, and is owned by TriPlay.
The original eMusic was started in March 1995 by Mark Chasan as the fourth online CD retailer. Originally conceived as an online record retailer, Chasan envisioned the system providing "direct digital delivery of music to homes" at low prices. At the time, Chasan was working on several new audio streaming methods, since existing technology had low sound quality with long download times, and he was working on improving this functionality. Eventually his service was able to sell digital music files online.
In February 1998, Chasan partnered with Nordic Entertainment, owned by Kent Kiefer, to increase the catalogue available to eMusic customers. They became the first digital media retailer and sold the first MP3 players on the internet. Both companies were then acquired by Goodnoise Records, which was owned by Gene Hoffman, Bob Kohn, and Gary Culpepper. They also acquired on-line music pioneer Internet Underground Music Archive (IUMA). The combined company continued to be known as eMusic. It went public on Nasdaq in 1999.
eMusic then purchased Guy Giuliano's internet radio service GBS Radio Networks. The new consortium launched the first online radio network LoudRadio, to broadcast over a terrestrial radio station via KLOD-FM in Flagstaff, Arizona along with IUMA. In November 1999, eMusic acquired main rival Cductive and in December 1999 acquired Tunes.com, which operated Rollingstone.com and DownBeatJazz.com. Then in 2001, the major label Universal Music (then a division of Vivendi Universal) bought eMusic.com for US$24.6 million.
In November 2003, the service was purchased from VU Net USA by a New York–based private equity arm of JDS Capital Management, Inc. Following a contentious period during which information disseminated by the company was limited, it was relaunched in 2004. Relaunch was soon followed by a new format for the eMusic site, significant increase in both editorial and music content and an eventual price increase for most subscription levels. Commensurate with this relaunch, David B. Pakman became the CEO of the company until leaving in November 2008.
On October 21, 2015, eMusic was acquired by Israeli media startup, TriPlay. The full terms of the deal have yet to be disclosed.[needs update]
eMusic is a digital music store, founded in 1998 as one of the first sites to sell DRM-free MP3s. The site also features original editorial content and was expanded in March 2014 to include Wondering Sound, an online music publication which includes eMusic's archived music features, interviews, news, photography, and new long-form articles and interviews.
eMusic's music store, as of March 2011, had more than 12 million tracks, up from 9 million tracks in September 2010. New subscribers can take out a seven-day trial before taking a full subscription; the trial account becomes a billable subscription account after seven days. Refunds are possible, under certain circumstances, by contacting eMusic customer support. Subscriptions allow users to download a number of tracks per 30-day period.