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Home > Company Index > Media > Internet & Online Content Providers > Listen.com

Listen.com
 NEWS FROM THE STANDARD
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
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
ARTISTdirect, Inc. (ARTDD)
Launch Media, Inc. (LAUN)
MP3.com, Inc. (MPPP)

 DEALS
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
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

 FINANCIAL OVERVIEW
Employees: 150

 KEY PEOPLE
• Rob Reid
    CEO
• Mark Broido
    CFO

 CONTACT INFO
280 Utah St.
San Francisco, CA 94103
US
Phone: 415-934-2000
Fax: 415-934-6720
Online: Web Site

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