Web Content Security NewsWeb Content Guarder Directory - Return to News Menu MediaBay Reaches Agreement with Time Warner Audio for Downloadable Audiobook Distribution Titles to Include Bestsellers from Authors Including James Patterson, David Baldacci, Nelson DeMille, Nicholas Sparks and David Sedaris CEDAR KNOLLS, N.J., July 7 /PRNewswire-FirstCall/ -- MediaBay, Inc. (Nasdaq: MBAY - News) today announced that it has reached an agreement with Time Warner Audio to offer downloadable audiobook editions of titles from the extensive Warner and Little Brown libraries. These audiobook titles include best sellers from authors such as Michael Connelly, Walter Mosley, Brad Meltzer, John LeCarre, Faye Kellerman, and the Rich Dad, Poor Dad series. In addition, MediaBay will offer audio versions of books penned by Jon Stewart, David Sedaris, Jack Welch and Bill Gates. "This deal with Time Warner is extremely significant to MediaBay, as we have now signed deals with the five major publishing houses in the United States for digital distribution of audiobooks," said Jeff Dittus, CEO, MediaBay. "We have worked closely with Time Warner Audio for many years with our Audio Book Club, and we are pleased we have extended our relationship to offer downloadable audio to our customers and those of MSN Music Service." "The downloadable audio market was identified as a significant growth opportunity during the Time Warner Audio initiative," said Maja Thomas, Vice President and Publisher of Time Warner AudioBooks. "This agreement enables us to extend our reach into this explosive new market, introducing our authors to new consumers and sharing our exceptional audio content with a growing audience." About MediaBay, Inc. MediaBay Inc. (Nasdaq: MBAY - News) is a leading digital media and publishing company specializing in spoken word and premium audio entertainment. The company maintains a library consisting of over 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, CBS Radio, Harper Collins, Hay House, Oasis, Penguin Audio, Random House, Simon & Schuster, Sound Room, Time Warner Audio, 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 LarryKingAudio.com, Loudeye, MSN Music, Sirius Satellite Radio and XM Satellite Radio. For more information on MediaBay, please visit http://www.mediabay.com . About Time Warner Audio Time Warner AudioBooks publishes a variety of popular genres in audio form, matching Time Warner Book Group material with talented actors, composers and producers to find its fullest expression. Abridged, unabridged and original audio including Grammy Award winning programs are primarily based on books published by Warner Books and Little, Brown & Company. Hyperion AudioBooks, comprising titles from Hyperion and Miramax Books, are also produced and published by Time Warner AudioBooks. Gildan Audio, a line of self-help and language learning programs, is a distribution client. Programs are available on CD, cassette, and via digital download. 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: ----------------------------------------------------------------------------- Sell Future Payments J. R. Roberts, Security Strategies Retained for 100 cases and with over 25 years of experience J.R. Roberts, offers specialized security consultation and services including security expert witness testimony, security seminars, and security guard training. Mr. Roberts has been retained to provide consultation, analysis, and security expert witness testimony by plaintiff and defendant in a wide variety of civil suits across the United States. In matters concerning premise liability, inadequate security, negligent security, crime foreseeability, private security guard training, and industry standards of care, J. R. Roberts can make a significant difference in your legal case. SEO Consultants | Home Medical Classifieds | Job Search | Medical Equipment Classifieds | Internet Consulting | Toys | SEO Organization | RVs and Motor Homes | Search Engine Lists | Photography Classifieds | Restaurant Equipment Classifieds | Vending Machines | Auto Repair Classifieds | Expired Domains | Go Karts | PCB Search | Mailing List Marketing | The Watchdog News | Drug Store List | MP3 Music | Content Security News
Security category powered by Free PHP ODP Script © Site Directory |