MusicNet Announces Additional Digital Rights from EMI Recorded Music

NEW YORK - November 15, 2002 -- MusicNet, a leading digital music company, today announced that it has received additional digital music rights and features for the MusicNet service from EMI Recorded Music, including the rights to stream music videos and offer free trials, among other things.

Also, under a separate agreement, MusicNet now may distribute and sell EMI albums and tracks as permanent downloads. These downloads will be technically capable of being burned to CD and transferred to portable devices.

Included will be works from artists such as Billy Idol, Blondie, David Bowie, Coldplay, Joe Cocker, DC Talk, Duran Duran, Everclear, Fatboy Slim, Pink Floyd, Norah Jones, Kottonmouth Kings, Dave Koz, Lenny Kravitz, Megadeth, Kylie Minogue, Tina Turner, Thalia, Keith Urban, The Vines, Cassandra Wilson and The Beach Boys, as well as music from legendary EMI catalogue artists such as Frank Sinatra, Dean Martin and Nat King Cole. EMI will also offer classical works such as recordings by Placido Domingo, Sarah Chang and the Berlin Philharmonic Orchestra conducted by Sir Simon Rattle as well as works from a variety of genres, including country, jazz, gospel and Christian music.

Alan McGlade, CEO of MusicNet, stated: "EMI has always been a champion of the digital music industry. We are pleased to be working with them to offer enhanced online services, and to offer for sale EMI's digital download products. EMI also boasts some of the world's most well-known artists, enabling us to provide consumers with access to more of the music they love."

"Our agreement with MusicNet is a key part of EMI's plan to give consumers our music in the formats they are demanding today. MusicNet is a leading digital music service and we are delighted to offer them a wider range of options and a deep selection of music - from today's hot stars to artists from our legendary catalogue," said David Munns, Chairman and CEO of EMI Recorded Music North America.

About MusicNet
MusicNet is a leading digital music company. The most widely distributed digital music service for streaming, downloading and burning music online, MusicNet offers the music of major and independent record labels - including Warner Music Group, BMG Entertainment, EMI Recorded Music, Sony Music Entertainment, Universal Music Group, Zomba, Ritmoteca, Brentwood Music and Sanctuary. As both a service and music content provider, MusicNet supports companies seeking to fully integrate digital music services into their online music offerings.

About EMI
EMI is the world's largest independent record company, operating in nearly 50 countries around the world. Its record labels include Angel, Blue Note, Capitol, EMI:Chrysalis, EMI Classics, Mute, Parlophone, Priority and Virgin.