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Home > Company Index > Media > Internet & Online Content Providers > Launch Media, Inc.
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Launch Media, Inc. |
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NEWS FROM THE WIRES |
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MusicMatch settles with RIAA on Web radio rights Jul 15 2001 11:58 AM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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AOL Expands Online Music Offerings
Jul 23 2001 11:07 AM PDT
MusicMatch Settles with RIAA on Web Radio Rights
Jul 15 2001 05:00 PM PDT
Yahoo Lands in the Black
Jul 11 2001 04:25 PM PDT
Yahoo Chief About to Run the Gantlet
Jul 10 2001 05:00 AM PDT
Such a Deal!
Jul 03 2001 02:23 PM PDT
PROFILE |
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If a love of music propels you, then launch.com might be your destination. Launch Media operates a portal Web site for music fans content covering most major genres, as well as downloadable music, streaming audio and video, and community features such as personal home pages and instant messaging. Launch Media boasts more than 6 million registered users. Advertising makes up about two-thirds of sales; it also licenses its content to third parties. It is one of the latest Web-based music service to be sued by the major music labels, which it has settled by agreeing to pay license fees. In addition to its Web site, Launch publishes an interactive magazine ("Launch on CD-ROM") with about 265,000 subscribers and owns 30% of summer concert series The Vans Warped Tour. Investors include Intel (6%) and Sony Music (5%). Yahoo! has agreed to buy the company.
COMPETITION |
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MP3.com, Inc. (MPPP)
Yahoo! Inc. (YHOO)
The MTVi Group, Inc. (dossier)
DEALS |
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Deal: Yahoo to Acquire Launch Media
Date Announced: 06.28.01
Value of transaction (US $Mil): 12
Description: Internet portal agrees to buy music portal in a $12 million cash deal.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 30.80
1-Yr. Sales Growth: 85.5%
Employees: 280
Revenue per employee: $110,000.00
KEY PEOPLE |
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David B. Goldberg
CEO
Jeffrey M. Mickeal
CFO
CONTACT INFO |
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2700 Pennsylvania Ave.
Santa Monica, CA 90404
US
Phone: 310-526-4300
Fax: 310-526-4400
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
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