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BUSINESS
June 15, 2000 | Bloomberg News
EMusic.com Inc., a seller of online music whose shares have fallen 83% during the last year, said it cut about 40 employees, or 18% of its work force, in an effort to reduce costs. The jobs eliminated were in the Redwood City, Calif., headquarters and in Los Angeles and New York. The move will result in savings of about $15 million over the next 12 months, the company said. EMusic.
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ENTERTAINMENT
November 18, 2006 | Geoff Boucher
The Barenaked Ladies, that Canadian band that takes its humor so seriously, has sung about "The X-Files," Aquaman, underwear and Brian Wilson, and they plan to write lyrics about ... you? Well, they'll be about you if you happen to be the consumer who buys the one-millionth song download on eMusic, which is second only to iTunes as digital retailers go in the click-and-listen sector.
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BUSINESS
August 14, 2000 | KAREN KAPLAN
Worried about where you'll find free music if the Recording Industry Assn. of America succeeds in its bid to shut down Napster and other music-swapping sites? A solution may be at hand. All you have to do is be one of the first 10 people to name your newborn "Iuma," after the Internet Underground Music Archive and you or your child will receive $100 worth of free music each month for the rest of your kid's life. According to the contest rules, IUMA, a unit of New York-based EMusic.
BUSINESS
October 10, 2003 | Jon Healey
Vivendi Universal subsidiary VUNet USA has agreed to sell Emusic.com Inc., a pioneering online music service, to a New York investment firm for an undisclosed amount, the company said. The sale to Dimensional Associates, which is expected to close at the end of October, could bring an end to Emusic's offer of unlimited downloads from independent record labels for as little as $10 a month. Jon Healey
ENTERTAINMENT
November 18, 2006 | Geoff Boucher
The Barenaked Ladies, that Canadian band that takes its humor so seriously, has sung about "The X-Files," Aquaman, underwear and Brian Wilson, and they plan to write lyrics about ... you? Well, they'll be about you if you happen to be the consumer who buys the one-millionth song download on eMusic, which is second only to iTunes as digital retailers go in the click-and-listen sector.
BUSINESS
October 10, 2003 | Jon Healey
Vivendi Universal subsidiary VUNet USA has agreed to sell Emusic.com Inc., a pioneering online music service, to a New York investment firm for an undisclosed amount, the company said. The sale to Dimensional Associates, which is expected to close at the end of October, could bring an end to Emusic's offer of unlimited downloads from independent record labels for as little as $10 a month. Jon Healey
BUSINESS
February 8, 2001 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
EMusic.com Inc., one of the first online music firms to roll out a subscription-based service, reported Wednesday a staggering $191-million loss for its fiscal second quarter, primarily because of charges and accounting adjustments tied to its acquisition of Tunes.com. The loss comes mostly from a $173-million charge, an adjustment to reflect both the value of Tunes.com's assets and the change in value in the price of EMusic's stock that it used to pay for the deal. EMusic bought Tunes.
BUSINESS
December 1, 1999
* EMusic.com Inc., which sells music that can be downloaded over the Internet, agreed to buy Tunes.com, the operator of Web sites such as RollingStone.com and DownBeatJazz.com, for about $169.6 million in stock, to combine music sales and music information on its network of sites. EMusic.com, which is based in Redwood City, Calif., said it will issue about 9 million common shares for the closely held Chicago-based company.
BUSINESS
October 13, 1998 | Bloomberg News
GoodNoise Corp., which sells music via the Internet, agreed to buy two other Internet music sellers, expanding its catalog of songs and providing a common distribution point for consumers. Nine-month-old GoodNoise said it will acquire Napa-based Nordic Entertainment Worldwide and Santa Monica-based Creative Fulfillment Inc. All three companies allow users to sample, purchase and download music from the Internet. Terms of the transactions weren't disclosed.
BUSINESS
May 1, 2000 | BLOOMBERG NEWS
RealNetworks Inc., which makes software for publishing and accessing Internet audio and video, on Sunday said 45 companies agreed to provide music and video content for its Take5 online entertainment guide. They include Alloy Online Inc., Emusic.com Inc. and Liquid Audio Inc. and join 130 others that have signed up for the service since it was introduced in November. Take5 is built into the free RealNetworks software "players" needed for viewing video and listening to music over the Internet.
BUSINESS
February 8, 2001 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
EMusic.com Inc., one of the first online music firms to roll out a subscription-based service, reported Wednesday a staggering $191-million loss for its fiscal second quarter, primarily because of charges and accounting adjustments tied to its acquisition of Tunes.com. The loss comes mostly from a $173-million charge, an adjustment to reflect both the value of Tunes.com's assets and the change in value in the price of EMusic's stock that it used to pay for the deal. EMusic bought Tunes.
BUSINESS
August 14, 2000 | KAREN KAPLAN
Worried about where you'll find free music if the Recording Industry Assn. of America succeeds in its bid to shut down Napster and other music-swapping sites? A solution may be at hand. All you have to do is be one of the first 10 people to name your newborn "Iuma," after the Internet Underground Music Archive and you or your child will receive $100 worth of free music each month for the rest of your kid's life. According to the contest rules, IUMA, a unit of New York-based EMusic.
BUSINESS
June 15, 2000 | Bloomberg News
EMusic.com Inc., a seller of online music whose shares have fallen 83% during the last year, said it cut about 40 employees, or 18% of its work force, in an effort to reduce costs. The jobs eliminated were in the Redwood City, Calif., headquarters and in Los Angeles and New York. The move will result in savings of about $15 million over the next 12 months, the company said. EMusic.
BUSINESS
January 31, 2000 | KAREN KAPLAN
Online radio Web sites KNAC.com and GrooveRadio.com are about to get some sister stations. The heavy metal and dance music sites have been acquired by Enigma Digital, a Santa Monica Internet music start-up that will announce today that it plans to launch three more online music communities by the end of March. Curbserver.
ENTERTAINMENT
November 5, 2006 | Chris Lee, Times Staff Writer
APPARENTLY following the lead of Us Weekly ingenues-turned-pop sensations Paris Hilton and Lindsay Lohan, Scarlett Johansson has signed a recording deal with recently reactivated Atco Records and is laying down tracks for a debut album. Unlike her Young Hot Hollywood confreres, however, the dusky-timbred, 21-year-old Johansson hasn't set her sights on generation "TRL" -- or necessarily even the widest possible listenership.
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