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Home > Company Index > Media > Internet & Online Content Providers > Listen.com
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Listen.com |
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NEWS FROM THE STANDARD |
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Court Deals Webcasters a Royal(ty) Blow
Aug 02 2001 05:48 PM PDT
A Post-Post-Napster Guide
Jun 25 2001 12:00 AM PDT
Layoffs Bring Opportunity for Some
Jun 25 2001 12:00 AM PDT
One Step Forward, Two Steps Back
Jun 12 2001 03:19 PM PDT
Listen.com Makes Its Peace With the Major Music Labels
Jun 11 2001 12:41 PM PDT
PROFILE |
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Listen.com offers a virtual smorgasbord of tunes through its online directory of music. The company provides links to some 600,000 legally downloadable songs by more than 130,000 artists, including superstars such as Santana and Shania Twain, as well as unknowns. The tracks (about 60% of which are free) are grouped under some 800 subcategories. Listen.com's Web site also features music reviews, news, and a newsletter. The company gets revenue through advertising, but hopes to begin collecting fees for sales from its site. In 2001 the company acquired TuneTo.com, a streaming audio provider. Listen.com was founded in 1998 by CEO Robert Reid; investors include all five major record labels, Barksdale Group, and Hambrecht & Quist.
COMPETITION |
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ARTISTdirect, Inc. (ARTDD)
Launch Media, Inc. (LAUN)
MP3.com, Inc. (MPPP)
DEALS |
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Deal: Listen.com Picks Up TuneTo.com
Date Announced: 04.05.01
Value of transaction (US $Mil): 0
Description: Listen.com acquires TuneTo.com, a streaming media technology company for an undisclosed amount.
> Search all deals for this company
TRACKERS |
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Apr. 25, 2001 - LAYOFF TRACKER
35 laid off
Description: Eliminating employees due to its acquisition of TuneTo.com in April and because of market conditions. Layoffs represent 25% of its workforce.
Jan. 03, 2001 - LAYOFF TRACKER
42 laid off
Description: Focusing on distributing products through its syndication partners. Layoffs represent 25% of its workforce.
> More LAYOFF NEWS
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FINANCIAL OVERVIEW |
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Employees: 150
KEY PEOPLE |
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Rob Reid
CEO
Mark Broido
CFO
CONTACT INFO |
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280 Utah St.
San Francisco, CA 94103
US
Phone: 415-934-2000
Fax: 415-934-6720
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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