SAN DIEGO, March 15, 2001 (PRIMEZONE) -- MP3.com, Inc. (Nasdaq:MPPP), the Internet's premier Music Service Provider (MSP), announced today its key operational metrics for February 2001. Reported on a monthly basis, key metrics are posted to the MP3.com web site under the Investor Relations section at www.mp3.com/investor.
For the months ended January 31, 2001 and February 28, 2001, key metrics include:
Aggregate Data January February
2001 2001
Number of Approved Artists 135,100 144,300
Number of Available Songs and Audio
Files Posted on Site 862,500 926,500
Monthly Data January February
2001 2001
Est. Average Daily Unique Visitors 830,000 888,000
Est. Pageviews Per Month 168,000,000 162,000,000
Number of Listens* 56,500,000 59,200,000
* Songs or audio files delivered online -- play or save
"MP3.com's site traffic was boosted in February by Valentine's Day, inspiring a flurry of greeting card activity with over 300,000 cards sent," said Derrick Oien, senior vice president and chief operating officer of MP3.com. "Of the estimated 162,000,000 page-views for February, more than 8,000,000 consisted of music greeting cards from the musicgreetings.mp3.com web site, the highest tally ever. Visitors and song listens also spiked during Valentine's week, exceeding 1,000,000 daily unique visitors and breaking through the 2,000,000 daily listens threshold on several days."
Numerous MP3.com artists benefited from the increased site traffic on Valentine's Day, including Emily Richards (www.mp3.com/emilyrichards), whose song entries in the Love Songs genre (www.mp3.com/lovesongschart) propelled her to the No.1 Payback for Playback spot, racking up more than 200,000 listens in seven days.
To receive MP3.com press releases via e-mail, register at pr.mp3.com.
About MP3.com
MP3.com, Inc. has created a unique and robust technology infrastructure designed to facilitate the storage, management, promotion and delivery of digital music. As the Internet's premier Music Service Provider (MSP), the company is dedicated to providing consumers access to music when they want it, where they want it, using any web-enabled device. The company's web site hosts what MP3.com believes is the largest collection of digital music available on the Internet, with more than 926,000 songs and audio files posted from over 144,000 digital artists and record labels. Dedicated to growing the digital music space, the company's products and services include on-demand Subscription Music Channels, an innovative Business Music Services program, a Syndicated Radio division and others. Additionally, through the company's MSP technology initiative and its music InterOperating System, MP3.com is partnering with a variety of forward-looking businesses to expand its digital music strategy. MP3.com's common stock is traded on the Nasdaq National Market under the ticker symbol MPPP. The company is based in San Diego, California. For more information on MP3.com, visit www.mp3.com.
Statements in this press release that are not strictly historical are forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements may include references to expected growth or changes in MP3.com's online music metrics, including industry or company changes with regard to the calculation of such metrics. These statements involve a high degree of risk and uncertainty, are only predictions, and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include risks related to: MP3.com's litigation proceedings, including without limitation the inability to reach settlement with all parties to such proceedings; risks related to industry or company changes with regard to the calculation of Internet or online music metrics; MP3.com's new and uncertain business model; acceptance of MP3.com's products and services; MP3.com's limited operating history; and MP3.com's rapid growth, as well as other risks detailed from time to time in MP3.com's reports to the Securities and Exchange Commission, including its report on Form 10-K for the year ended December 31, 2000.