Amplified.com And Dx3 Team To Create Global Digital Music Distribution Network
The business-to-business digital music distribution business extended its reach across the Atlantic and beyond, as amplified.com the leading business-to-business distributor of digital music, and Dx3, a European-based digital music distributor announced today that the two companies are partnering to create a worldwide digital music distribution network. The exclusive partnership will enable record labels to promote their artists in both the American and European markets - using one collective distribution network. In addition, this will provide the e-tailers in the U.S. and Europe to access a large pool of music content from both sides of the Atlantic. Amplified.com and Dx3 offer cost and time effective digital music solutions to an extensive distribution network of online music retailers. amplified.com's network includes U.S.-based companies, while Dx3's network is composed of European online music retailers and portals. Together, the companies will enable a worldwide band of affiliate Web sites to deliver digital downloads and custom compilations to consumers. ""This marks amplified.com's entry into new markets that span the globe,"" said Wayne Parker, president and founder of amplified.com. ""With a strong foot hold in the untapped markets of Europe and beyond, amplified.com is equipped to deliver more music to more destination sites that any other b-to-b provider."" Reza Kad, the founder and EVP of Dx3 added, ""This partnership will give us the ability to bring the first global one stop solution for digital music delivery to the worldwide Music Industry. We are now able to offer our European labels a broader market share in the US and provide European e-tailers with a greater choice of American content."" About Amplified.com Amplified.com is a leading business-to-business digital music distributor, providing download and custom compilation services to leading online music retailers and record labels. amplified.com features a large selection of songs available for secure download on the Internet, and was the first to integrate that feature with custom CDs. Amplified.com also provides Internet-music sampling services to a variety of customers, including Billboard Online. The company is privately held, with its institutional investors including Bear Stern's Constellation Ventures, Psilos Group and Noro-Moseley Partners. Additional information is available at http://www.amplified.com. About Dx3 Dx3 is the largest European platform for digital distribution of music, providing the Music Industry with services, solutions and technology for the distribution, promotion and sales of music over the Internet. Dx3's principal owner is CELL Ventures, which is owned by General Electric Capital, http://www.dx3.net. Source: Amplified.com Web Site: http://www.amplified.com