SAN FRANCISCO–(BUSINESS WIRE)–May 10, 2004–CNET Networks, Inc. (Nasdaq: CNET – News), a premier global interactive content company, today launched the MP3.com Web site, a comprehensive, next-generation digital music discovery and content resource that caters to the way people learn about and listen to music today.
Digital music and devices have given people more control than ever over their music choices, by changing the way they discover, buy, and listen to music. By 2006, $1.2 billion dollars worth of music will be downloaded legally, with 11 million households subscribing to a paid music service(1). The technologies and services have arrived, and music fans are eager to take advantage of them, particularly the youth market: 52 percent of 18- to 24-year-olds, and 69 percent of US College students have already downloaded music(2).
While the Internet is replete with music sites that serve virtually all interests – editorial resources, music and product reviews, fan clubs, music download services, and more – until now, there has been no single resource dedicated to helping people find the best of everything. MP3.com is designed to fill this void, putting music fans at the center of the universe of digital music content, where they can instantly find what they need. Its elegant interface prioritizes discovery, putting the vast cosmos of artists, songs, services and technologies at their fingertips in a friendly and organic way based on their interests. Launching today with robust features and functionality (see details below), MP3.com will add a number of innovative community and personalization features this year, and adapt its content in response to user feedback and changes in the digital music marketplace.
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