NEW YORK , NY — (INTERNET WIRE) — 19-06-2001 —
Muze Inc., the leading source of entertainment product information for music, books, video and games announced today it has entered into a non-exclusive global licensing agreement with Warner Music Group.
Under the agreement, Muze can digitize new and existing WMG-controlled recordings for use in 30-second streaming audio samples. Muze’s streaming audio samples will be licensed to Muze online customers to help promote and sell WMG recordings to consumers. Muze currently has more than 250 online customers including five of the ten leading media/web properties ranked by Media Metrix.
“Muze is a veteran in the retail music industry and has always been committed to helping retailers drive commerce by providing the richest entertainment information available,” said Paul Zullo, co-founder and executive vice president of Muze. “By arming our customers with samples of WMG recordings, we can assist online retailers in selling more music.”
“This agreement with Muze offers music fans a convenient way to sample music online,” said Paul Vidich, Executive Vice President, Strategic Planning and Business Development for Warner Music Group. “Muze provides WMG with another innovative tool to promote its artists and help drive sales of their music around the world.”
“With Muze’s access to a wide range of online retailers in the US and Europe, consumers have the opportunity to hear quality music samples before purchasing music from their favorite artists,” said Mark Foster Senior Vice President, New Media for Warner Music International. “Muze’s global reach will assist WMI in exposing its artists’ music to fans worldwide.”
About Warner Music Group
Warner Music Group is home to some of the world’s leading record companies, including The Atlantic Group, Elektra Entertainment Group, London-Sire Records, Rhino Entertainment and
Warner Bros. Records Inc. The company’s Warner Music International, with a roster of more than 1,000 artists, operates in more than 65 countries through various subsidiaries, affiliates and non-affiliated licensees. Warner Music Group also includes one of the world’s leading music publishers, Warner/Chappell and WEA Inc., which is comprised of three companies, WEA Corp., WEA Manufacturing, and Ivy Hill. Warner Music Group is an AOL Time Warner company.