Quantcast
"By linking MP3radio.com's network and industry expertise directly into MP3.com and our extensive catalog of artists and music, we are continuing our commitment to bring music to anyone, anytime, anywhere."
—Michael Robertson, who else?

MP3.COM GETS ON THE RADIO

Controversial Online Music Provider Acquires MP3radio.com From Cox MP3.com
Say one thing for MP3.com ruler michael robertson',390,400);">michael robertson',390,400);">Michael Robertson. Let RIAA suits and a precipitous drop in his company's stock price be damned. The guy continues to wheel and deal.

With a copyright infringement suit pending and his company's shares in a free fall (closing at 10 1/4 as of today), Robertson acquired a majority position in MP3radio.com from joint venture partner Cox Interactive Media.

The Atlanta-based company, expected to relocate to San Diego, provides localized music information and free music downloads to radio stations across the country, with a total of 413,000 unique visitors monthly.

"To more effectively leverage our resources, both companies felt that, by bringing MP3 radio's operations under MP3.com, we could offer a coordinated suite of products and services to the over-the-air radio market," said Robertson. "Plus, they agreed to sell it for 1,987,432 shares of stock, which is now worth about $2.75."

Affiliate stations will now have access to MP3.com's event and community calendar, one-hour syndicated radio programming and the controversial My.MP3.com service that allows listeners to store, manage and listen to their existing music collection via the participating station's Web site.

"By linking MP3radio.com's network and industry expertise directly into MP3.com and our extensive catalog of artists and music, we are continuing our commitment to bring music to anyone, anytime, anywhere," added Robertson, apparently quoting Peter Townshend, whose music Michael is too young to fully appreciate. "Now even hilary rosen',390,400);">hilary rosen',390,400);">Hilary Rosen can listen to her favorite tunes in the shower."

MP3Radio.com President/COO Greg Lindahl is expected to stay in Atlanta with Cox in a position soon to be announced.

NEAR TRUTHS:
THE AGENCY SAGA
What do you want from live? (6/11a)
REVENUE CHART: OLIVIA’S ARMY
Looks like she's got staying power. (6/11a)
SIGNS OF HITS LIST
We're reading the tea leaves. (6/11a)
WATCH THE FIRST OFFICIAL VIDEO FOR "FEELING GOOD"
The Black Music Month celebration continues with a classic from a legend, (6/10a)
MUSIC’S HOTTEST FIRMS: HERTZ LICHTENSTEIN YOUNG & POLK LLP
Is there a lawyer in the house? (6/11a)
RHYTHM, BLUES AND THE FUTURE
The musical tapestry we know as R&B.
WHO'S NEXT?
Predicting the next big catalog deal.
JUST THE VAX, MA'AM
Once we all get vaccinated, how long before we can party?
WORLDWIDE GROOVE
How is globalization bringing far-flung territories into the musical mainstream?
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)