MP3.com, Freei.Net Combine Forces
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MP3.com will offer Freei.Net's unlimited Internet access, Web browsing and email capabilities to its users and Freei.Net will actively promote MP3.com's artists and their music. Additionally, MP3.com participated in Freei.Net's recently completed Series B Preferred Stock financing.
As part of the cross-promotional relationship, MP3.com will have a continuous link on the welcome screen of Freei.Net's software interface, giving Freei.Net subscribers access to MP3.com's catalog of free, downloadable music. Music from MP3.com's top 10 music genres will also be included in Freei.Net's registration survey, bringing added exposure to MP3.com's many emerging artists. In addition, Freei.Net will promote its services through various advertising efforts on the MP3.com web site, MP3.com's "103 Best Songs" compilation CD, and upcoming MP3.com-sponsored concert tours.
"The explosive growth of Freei.Net makes it a powerful vehicle to deliver our music," said Michael Robertson, chairman and chief executive officer of MP3.com (MPPP). "As a result of our new relationship, MP3.com artists are gaining added exposure and MP3.com will continue to appear on more and more consumer desktops."