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MP3.com's New Retail Music Division
Posted by Heidi Chambers on May 30, 2000 at 2:51 PM   (printer friendly)

Music at your local grocery store, shopping mall, or restaurant could soon be supplied by MP3.com. Today the company formed a retail music licensing division that will supply subscribers to the new service with access to songs and audio files delivered over the Internet.

Although many details are yet to be released, Bob Simril, vice president of retail music services at MP3.com, will be heading the new retail music division. Over 424,000 songs and 67,000 artists are available to chose from, and businesses can even mix in their own advertisements along with the music.

"We estimate that retail music licensing exceeds $500 million annually and to properly capitalize on this opportunity, it was imperative to form a distinct business division," said Michael Robertson, CEO of MP3.com.


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