Samsung Devices Launch with Music Service from MusicNet
MusicNet to provide subscription service and download store for Samsung's
United Kingdom, French and German devices
NEW YORK and LONDON, July 5 /PRNewswire/ -- Samsung Electronics Co., a
global leader in digital media, semiconductor, telecommunications and
digital convergence technologies, has a launched a digital music service
designed to work seamlessly with the company's leading edge digital music
players -- the K3, K5 and T9 models. MusicNet, the world's leading provider
of business-to- business digital entertainment to top consumer brands, will
provide the platform for the Samsung Media Studio (SMS). Previously
released Samsung PlaysForSure devices such as the Z5 are also able to
utilize the new digital music service for monthly music subscriptions and
individual downloads.
The new music service is integrated into the SMS, a proprietary,
Samsung- developed media player for Samsung's devices. Prior versions of
the SMS will have the new features integrated following an automatic
software update. The SMS will offer portable music subscriptions, allowing
unlimited downloads to Samsung portable devices for a flat monthly fee, or
the purchase of individual tracks or albums. For more information on the
Samsung Media Studio and all Samsung devices go to
http://www.SamsungPlay.com.
Samsung will soon initiate a significant marketing plan in the
countries surrounding the introduction of these players and the integrated
music service.
Customers in France and Germany will have access to over 2.6 million
tracks, while UK subscribers will be able to access more than 3 million
songs from the four major labels and over 55,000 independent labels.
Monthly subscriptions will cost 14.99 euro in France and Germany and 10.25
pounds Sterling in the UK. Individual track download prices will start at
1.15 euro or 0.79p.
"MusicNet is delighted to be working with Samsung on this project. The
combination of Samsung's advanced digital media products with MusicNet's
peerless catalog and delivery platform is ideal," said Alan McGlade,
President and CEO of MusicNet. "Samsung's products and presence,
particularly in the European market, are second to none. We look forward to
a continued successful relationship with Samsung as they continue to build
superior devices for the portable marketplace."
Mr. Seungsoo Park, VP of Sales & Marketing Digital AV Division of
Samsung Electronics said: "The introduction of the Samsung Media Studio is
innovation in the digital age at its best. We have linked our
internationally popular devices with a music subscription service and store
adding a new dimension to how consumers interact with their devices. With
the Samsung Media Studio the world is at your fingertips with millions of
songs accessible anytime, anywhere."
About MusicNet
MusicNet is the world's leading provider of business-to-business
digital entertainment services. The Company offers the content and
white-label technologies used to create music and video download and
subscription services. The preferred partner of many top consumer brands,
MusicNet's scalable platform delivers a quick and cost-effective path to
market for PCs, portable music devices, mobile phones and beyond. The
Company offers a broad range of products for companies that want a turnkey
and full-service solution for offering digital music and video. MusicNet
was the 2006 winner of Deloitte & Touche USA's prestigious Deloitte New
York Technology Fast 50 Award. MusicNet is headquartered in New York and
has offices in Seattle and London. MusicNet is wholly-owned by Baker
Capital, a New York-based private equity firm with $1.5 billion under
management. For more information about MusicNet, please visit
http://www.musicnet.com.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in digital media,
semiconductor, telecommunication, and digital convergence technologies with
2005 parent company sales of US$56.7 billion and net income of US$7.5
billion. Employing approximately 128,000 people in over 120 offices in 57
countries, the company consists of five main business units: Digital
Appliance Business, Digital Media Business, LCD Business, Semiconductor
Business and Telecommunication Network Business. Recognized as one of the
fastest growing global brands, Samsung Electronics is a leading producer of
digital TVs, memory chips, mobile phones and TFT-LCDs. For more
information, please visit http://www.samsung.com
United Kingdom, French and German devices
NEW YORK and LONDON, July 5 /PRNewswire/ -- Samsung Electronics Co., a
global leader in digital media, semiconductor, telecommunications and
digital convergence technologies, has a launched a digital music service
designed to work seamlessly with the company's leading edge digital music
players -- the K3, K5 and T9 models. MusicNet, the world's leading provider
of business-to- business digital entertainment to top consumer brands, will
provide the platform for the Samsung Media Studio (SMS). Previously
released Samsung PlaysForSure devices such as the Z5 are also able to
utilize the new digital music service for monthly music subscriptions and
individual downloads.
The new music service is integrated into the SMS, a proprietary,
Samsung- developed media player for Samsung's devices. Prior versions of
the SMS will have the new features integrated following an automatic
software update. The SMS will offer portable music subscriptions, allowing
unlimited downloads to Samsung portable devices for a flat monthly fee, or
the purchase of individual tracks or albums. For more information on the
Samsung Media Studio and all Samsung devices go to
http://www.SamsungPlay.com.
Samsung will soon initiate a significant marketing plan in the
countries surrounding the introduction of these players and the integrated
music service.
Customers in France and Germany will have access to over 2.6 million
tracks, while UK subscribers will be able to access more than 3 million
songs from the four major labels and over 55,000 independent labels.
Monthly subscriptions will cost 14.99 euro in France and Germany and 10.25
pounds Sterling in the UK. Individual track download prices will start at
1.15 euro or 0.79p.
"MusicNet is delighted to be working with Samsung on this project. The
combination of Samsung's advanced digital media products with MusicNet's
peerless catalog and delivery platform is ideal," said Alan McGlade,
President and CEO of MusicNet. "Samsung's products and presence,
particularly in the European market, are second to none. We look forward to
a continued successful relationship with Samsung as they continue to build
superior devices for the portable marketplace."
Mr. Seungsoo Park, VP of Sales & Marketing Digital AV Division of
Samsung Electronics said: "The introduction of the Samsung Media Studio is
innovation in the digital age at its best. We have linked our
internationally popular devices with a music subscription service and store
adding a new dimension to how consumers interact with their devices. With
the Samsung Media Studio the world is at your fingertips with millions of
songs accessible anytime, anywhere."
About MusicNet
MusicNet is the world's leading provider of business-to-business
digital entertainment services. The Company offers the content and
white-label technologies used to create music and video download and
subscription services. The preferred partner of many top consumer brands,
MusicNet's scalable platform delivers a quick and cost-effective path to
market for PCs, portable music devices, mobile phones and beyond. The
Company offers a broad range of products for companies that want a turnkey
and full-service solution for offering digital music and video. MusicNet
was the 2006 winner of Deloitte & Touche USA's prestigious Deloitte New
York Technology Fast 50 Award. MusicNet is headquartered in New York and
has offices in Seattle and London. MusicNet is wholly-owned by Baker
Capital, a New York-based private equity firm with $1.5 billion under
management. For more information about MusicNet, please visit
http://www.musicnet.com.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in digital media,
semiconductor, telecommunication, and digital convergence technologies with
2005 parent company sales of US$56.7 billion and net income of US$7.5
billion. Employing approximately 128,000 people in over 120 offices in 57
countries, the company consists of five main business units: Digital
Appliance Business, Digital Media Business, LCD Business, Semiconductor
Business and Telecommunication Network Business. Recognized as one of the
fastest growing global brands, Samsung Electronics is a leading producer of
digital TVs, memory chips, mobile phones and TFT-LCDs. For more
information, please visit http://www.samsung.com
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