-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of Michael Townsend
Sent: Friday, October 07, 2005 7:27 AM
To: [EMAIL PROTECTED]
Subject: [TSE-Chat] New download site.
Sensitivity: Personal
I have no vested interest in this, but here's an article from Blindnews.
Mike T
From: "Leon Gilbert" <[EMAIL PROTECTED]>
To: "Blind News Mailing List" <[EMAIL PROTECTED]>
Sent: Wednesday, October 05, 2005 5:17 PM
Subject: BlindNews: Now Hear This ... MediaBay Launches SoundsGood.com,a
New
Consumer Shopping Service for Audio Entertainment
PR Newswire
Wednesday, October 05, 2005
Now Hear This ... MediaBay Launches SoundsGood.com, a New Consumer
Shopping
Service for Audio Entertainment
Powered by a leading playback technology and supported on Windows Media
capable devices
New online spoken word retail site will offer thousands of audiobooks,
newspapers, magazines, lectures and other audio media for traditional
purchase
or download
CEDAR KNOLLS, N.J., Oct. 5 /PRNewswire-FirstCall/ -- MediaBay, Inc.
(Nasdaq: MBAY), a leading digital media and publishing company
specializing
in
spoken word and premium audio entertainment, announced today that it has
launched SoundsGood.com (http://www.soundsgood.com), a premier audio
download
and traditional media service providing consumers with an easy way to
access
thousands of best selling audio books, classic radio shows, theatre
performances, and a growing collection of audio newspapers, magazines,
lectures, self help and wellness courses, modern day radio shows and
other
spoken word entertainment.
SoundsGood.com is a unique one-stop shop that provides customers
with
both
digital downloads for immediate listening as well as the ability to
purchase
CDs and audio cassettes for those more comfortable with traditional
media.
SoundsGood supports digital downloads that are compatible with MP3
players,
CD
players, PCs and some high-end smart phones that support the Windows
Media
audio format. (For a complete list of devices visit
http://www.playsforsure.com/FindPortableDevices.aspx)
SoundsGood offers a wide range of audiobook titles ranging from New
York
Times best-sellers to the obscure. There is a $19.95 monthly
subscription
for
two downloads, or individual purchases of CDs, cassettes and digital
downloads
are available at everyday low prices, up to 80 percent off retail.
"While digital downloads are the fastest growing segment of the
publishing
industry, we recognize that traditional media is still a very popular
format
for audio consumption. Therefore, Soundsgood was built to cater to our
2.5
million traditional media buyers, while enticing them to try digital
downloads
for the savings, convenience, and ease of use," said Jeff Dittus, CEO of
MediaBay. "We hope to quickly build a loyal customer base for SoundsGood
by
marketing to our 2.5 million prior members of the Audio Book Club and
through
our partnerships with MSN Music, Loudeye, and others in the future."
SoundsGood.com incorporates software designed by OverDrive, an
audio
playback technology designed for enhanced audiobook listening in
combination
with the Windows Media Player. Benefits of the OverDrive system include
the
ability to bookmark audio points, utilize visual chapter marks to more
easily
jump between chapters, and to audibly slow down or speed up the reader's
pace
of the story playback. Such features will allow the consumer to very
simply
mark where they are in an audiobook, find their way back to the point,
and
skip ahead or back if necessary. The system is also fully enabled to
provide
ease of use for the visually impaired and blind community.
In addition to the unique playback features, SoundsGood.com will
support
several tiers of consumer payment including a download subscription plan
that
gives significant discounts for audio content. Special promotional
offers
for
devices and content will also be exclusive to the site, including an
introductory offer for two free additional audiobooks upon sign-up at
the
regular rate of $19.95 per month.
About MediaBay, Inc.
MediaBay Inc. (Nasdaq: MBAY) is a leading digital media and
publishing
company specializing in spoken word and premium audio entertainment. The
company maintains a library consisting of more than 75,000 hours of
content,
including audio books from best-selling authors and the history of
American
Radio. Some of MediaBay's digital content partners include BBC,
Blackstone,
Brilliance Audio, CBS Radio, Harper Collins, Hay House, Oasis, Penguin
Group
USA Audio, Random House, Simon & Schuster, Sound Room Publishers, Time
Warner
Audio and Zondervan. In addition to its popular Audio Book Club,
MediaBay
distributes its content through proprietary web sites including
audiobookclub.com and radiospirits.com as well as through partner
channels
including Loudeye, MSN Music, Sirius Satellite Radio and XM Satellite
Radio.
For more information on MediaBay, please visit http://www.mediabay.com,
http://www.audiobookclub.com, http://www.radiospirits.com.
Certain statements in this press release constitute
"forward-looking"
statements that involve a number of known and unknown risks,
uncertainties
and
other factors which may cause MediaBay's actual results, performance or
achievements to be materially different from any results, performances
or
achievements express or implied by such forward-looking statements. All
statements other than statements of historical facts included in this
press
release including, without limitation, statements regarding our future
financial position, business strategy, budgets, projected costs and
plans
and
objectives of our management for future operations are forward-looking
statements. In addition, forward-looking statements generally can be
identified by the use of forward-looking terminology such as "may,"
"will,"
"expect," "intend," "estimate," "anticipate," "believe," or "continue"
or
the
negative thereof or variations thereon or similar terminology.
Important
factors that could cause actual results to differ materially from our
expectations, include, without limitation, our history of losses; the
success
of our new digital media distribution strategy and new Larry King
initiatives,
our ability to anticipate and respond to changing customer preferences,
license and produce desirable content, protect our databases and other
intellectual property from unauthorized access, collect receivables;
dependence on third-party providers, suppliers and distribution
channels;
competition; the costs and success of our marketing strategies; product
returns; member attrition and other risks detailed in our Annual Report
on
Form 10-K for the year ended December 31, 2003. Undue reference should
not
be
placed on these forward-looking statements, which speak only as of the
date
hereof. We undertake no obligation to update any forward-looking
statements.
Contacts:
Michael Hope
mPRm Public Relations
(323) 933-3399
[EMAIL PROTECTED]
Tim Clemensen
Rubenstein Investor Relations
(212) 843-9337
[EMAIL PROTECTED]
SOURCE MediaBay, Inc.
Web Site:
http://www.mediabay.com
Mike&Glore
email: [EMAIL PROTECTED]
Jacksonville, Florida
Home Phone: 904 727-6031
Cellular Phone: 732 718-9480
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