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ARTISTdirect Acquires iMusic.com, Launches Music Network

Encino, Calif.-based ARTISTdirect announced the official integration of its online properties under the ARTISTdirect banner following its acquisition of iMusic.com.

The network is designed to connect music fans directly to their favorite artists via official Web sites, online events and exclusive merchandise. The network integrates the Ultimate Band List, more than 20 official artist superstores and the newly acquired iMusic community operation.

The ARTISTdirect network presents music enthusiasts with access to up-to-date music news and information, interaction with other music fans, the opportunity to sample and download music, and the ability to purchase CDs and merchandise from official artist stores.

The site will offer visitors access to iMusic's 80,000 artist and genre specific bulletin boards and integrate official online superstores for artists such as The Rolling Stones, the Beastie Boys, Marilyn Manson, Korn and Tom Petty.

"The acquisition of iMusic.com is the last piece of the puzzle, allowing us to launch ARTISTdirect.com as the most comprehensive or 'deeply vertical' music network currently available on the Web," said Marc Geiger, co-founder of ARTISTdirect. "The network encompasses extensive search capabilities, a community of fans and the opportunity to buy music and products directly from the artists themselves."

Financial terms of the deal with iMusic were not disclosed. Founded in 1995, iMusic will continue to be based in Seattle.