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Wednesday, February 7, 2001

IS LAUNCH UP FOR SALE?

by

Marc Pollack

Company May Be In The Market For An Acquisition Partner, But Who Isn’t These Days?
Online music company Launch Media, which runs a streaming service, a website and the Warped Tour, is seeking an acquisition partner, according to a published report.

Webnoize, which cites "a source familiar with the company," did not identify any potential buyers Tuesday (2/6), and said the company declined comment regarding the speculation.

Launch projects a 22% increase in net revenue to approximately $45 million for 2001, but its revenue growth was much stronger at 48% for 2000.

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