eMusic and Sony Music Entertainment Strike Deal

NEW YORK, NY, Jun 01 (MARKET WIRE) --
eMusic, the internet's corner music store, and Sony Music Entertainment
today announced that they have reached an agreement to sell songs from
Sony Music's back catalog on the eMusic website. Beginning in the third
quarter, eMusic will offer its U.S. subscribers classic recordings from
all Sony Music labels, such as Arista, Columbia, Epic, Jive, LaFace,
Legacy Recordings and RCA, including artists such as Billy Joel, Bruce
Springsteen, The Clash, Jeff Buckley, Johnny Cash, Leonard Cohen and
OutKast. The agreement covers music that is two years old or more.
Additional terms of the deal were not disclosed.

eMusic offers music fans a deeper, more immersive alternative to mass
market digital music stores and will present Sony Music artists with the
same award-winning editorial focus that it brings to its current catalog.
The site, geared to adults over the age of 25, will contextualize albums
and songs from Sony Music's renowned artists, drawing meaningful
connections between "major" and "indie" artists, and featuring in-depth
discographies and collections built around genres and themes.

"We welcome the opportunity to expand the reach of Sony Music catalog
artists online to include eMusic's large and passionate subscriber base.
We look forward to working with them to promote discovery and sales of
all the great music available from Sony Music's recent past and legendary
history," said Thomas Hesse, President, Global Digital Business, U.S.
Sales and Corporate Strategy.

"We're excited to bring Sony Music's vast catalog of music to eMusic's
customers," said Danny Stein, eMusic CEO and Chairman. "First and
foremost, eMusic is about a quality customer experience. We are eager to
bring eMusic's in-depth approach and curatorial excellence to these
incredible recordings -- as we've done for independent labels for the last
10 years."

eMusic launched in 1998 and was one of the first digital music services to
sell MP3 downloads and the first to launch a download-to-own subscription
service for music in 2000. Its subscription pricing offers the ability to
download 24 tracks for as little as $11.99 per month.

About eMusic

eMusic is the internet's corner music store. It offers a deeper, more
personal alternative to mass market digital music retailers by combining
the best of ecommerce, community and editorial content to create a more
immersive and authentic music experience. State-of-the-art
recommendations, award-winning editorial and social media features provide
the most musical context for an enthusiastic community of music fans,
renowned experts, record labels, artists and employees. Customers are
encouraged to explore music downloads with subscription pricing that
rewards discovery at a better value than any legal competitor. eMusic
also sells downloadable audio books from all major audio book publishers.
Based in New York with an office in London, eMusic is available in the
U.S., Canada and 26 E.U. nations. eMusic.com Inc. is wholly owned by
Dimensional Associates, Inc., the private equity arm of JDS Capital
Management, Inc.

About Sony Music Entertainment

Sony Music Entertainment is a global recorded music company with a roster
of current artists that includes a broad array of both local artists and
international superstars. The company boasts a vast catalog that comprises
some of the most important recordings in history.

NOTE: eMusic and the eMusic logo are either registered trademarks or
trademarks of eMusic.com Inc. in the USA or other countries. All Rights
Reserved. All other trademarks are the property of their respective
owners.

CONTACT:
Cathy Halgas Nevins
eMusic
212-201-9201
Email Contact

Claire Von Schilling
Sony Music Entertainment
212-833-8082

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