Jupitermedia Announces Acquisition of eStockMusic.com - a Micropayment Music Business
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Jupitermedia Corporation (Nasdaq: JUPM) today announced that it has
acquired the assets of eStockMusic.com (www.estockmusic.com).
This acquisition adds a micropayment music business to Jupiterimages’
micropayment offerings of royalty-free digital images and footage on
Stockxpert.com (www.stockxpert.com).
Terms of the transaction were not disclosed.
eStockMusic.com offers an extensive library of royalty free stock music
that is easily searchable and lets customers listen to the tracks before
purchasing for as little as a $1.00 per track. eStockMusic.com provides
an innovative platform for composers to promote and sell their music
online.
"We are very excited to launch one of the first micropayment music
businesses in the world," stated Alan M. Meckler, Chairman and CEO of
Jupitermedia Corporation. "eStockMusic.com
joins our RoyaltyFreeMusic.com, StudioCutz.com and Blue Fuse Music
properties. We now offer royalty-free digital music to fit every budget
and need,” added Meckler.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), (www.jupitermedia.com),
headquartered in Darien, CT, is a leading global provider of images,
news, and original information, career Web sites and events for
information technology, business, media and creative professionals.
Jupitermedia includes Jupiterimages, one of the leading images companies
in the world with over 9.0 million images online serving creative
professionals with brands like BananaStock, Workbook Stock, Brand X
Pictures, FoodPix, Botanica, Nonstock, The Beauty Archive, IFA
Bilderteam, Comstock Images, Creatas Images, PictureQuest, Liquid
Library, Thinkstock Images, Thinkstock Footage, Bigshot Media,
Goodshoot, Polka Dot Images, Stock Image, Pixland, Photos.com,
Ablestock.com, PhotoObjects.net, Clipart.com, JupiterGreetings.com,
AnimationFactory.com, RoyaltyFreeMusic.com, StudioCutz.com,
eStockMusic.com and Stockxpert.com. The JupiterOnlineMedia division of
Jupitermedia consists of five distinct online networks: internet.com and
EarthWeb.com for IT and business professionals; DevX.com for developers;
and mediabistro.com and Graphics.com for media and creative
professionals. These networks include more than 150 Web sites and over
150 email newsletters that are viewed by over 15 million users monthly.
JupiterOnlineMedia also includes specialized career Web sites for select
professional communities which can be found on mediabistro.com and
JustTechJobs.com. In addition, JupiterOnlineMedia includes JupiterEvents
and mediabistro.com's media-related events, which produce offline
conferences and trade shows focused on IT and business-specific topics
including ISPCON, Linked Data Planet, Mobile Content Strategies and
Mediabistro Circus.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release which are not
historical facts are "forward-looking statements" that are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from
those described in the forward-looking statements. The potential risks
and uncertainties address a variety of subjects including, for example,
the competitive environment in which Jupitermedia competes; the
unpredictability of Jupitermedia's future revenues, expenses, cash flows
and stock price; Jupitermedia's ability to integrate acquired
businesses, products and personnel into its existing businesses;
Jupitermedia's ability to protect its intellectual property; and
Jupitermedia's dependence on a limited number of advertisers. For a more
detailed discussion of such risks and uncertainties, refer to
Jupitermedia's reports filed with the Securities and Exchange Commission
pursuant to the Securities Exchange Act of 1934. The forward-looking
statements included herein are made as of the date of this press
release, and Jupitermedia assumes no obligation to update the
forward-looking statements after the date hereof.
All current Jupitermedia Corporation press releases can be found on the
World Wide Web at http://www.jupitermedia.com/corporate/press.html
