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Muze Inc. Completes Buyout of Muze Europe Joint Venture Muze Expands Geographic Footprint and Accelerates Delivery of New and Advanced Media Information Solutions to International Markets NEW YORK, NY and LONDON--(MARKET WIRE)--Oct 6, 2008 -- Muze Inc., the only independent
provider of entertainment information products, media preview
and discovery
services, today announced the completion of its buyout of
Muze Europe Ltd.
Muze Europe provides media information on UK and European
music, video/film
and video game releases to companies to increase their sales
of
entertainment products and to attract and retain audiences
to Internet
destinations and mobile environments.
As a wholly owned subsidiary, Muze Europe will be able to offer its customers in the UK and continental Europe access to a much broader range of normalized metadata, expert editorial content and images in video/film, music, video games and books. Muze will continue to support all current Muze Europe entertainment information solutions and media preview services. Over the coming months Muze Europe media information products will be integrated with the new Muze Media Information 2.0 suite of solutions. These integrated products will offer significant advantages in marketing and merchandising entertainment products, while enriching consumers' experience on internet destinations, social networking sites and within mobile applications. Integration of Muze Europe products with Muze Media Information 2.0 is planned to begin the second quarter of 2009. "The buyout is a critical step toward better serving our customers worldwide by providing broader international coverage," says Janice P. Anderson, Chairman and Chief Executive Officer of Muze. "Expanding our international footprint will allow us to enter new markets, create new partnerships and continue to deliver new and innovative media information solutions that meet the needs of our global customers." The new Muze Europe Media Information 2.0 products will offer greater breadth and depth of content with millions of new data elements, provide greater interoperability for faster and easier deployments, and will be optimized to deliver information to a variety of consumer devices including PCs, mobile phones and media servers. Some key new features of the forthcoming Muze Europe Media Information 2.0 will include:
-- Unified Database Structure - Provides a unique data architecture that
is intuitive, adaptable, structurally compact, and optimized for storage.
All Muze Europe Media Information 2.0 products will share similar data
structures and present a consistent approach to data handling. This unified
structure enables hyperlinking across media types and enhances cross media
merchandising opportunities.
-- Unique Persistent ID System - Covering millions of entertainment
products, our unique persistent ID system represents an industry-changing
shift in how entertainment product data is organized. Unique IDs are
assigned to every actor, film/video, game, artist, album, etc. to creative
full identity managed datasets. These IDs enable businesses to select
specific data attributes, create associations, and easily integrate Muze
enriched content and data into third-party content management and commerce
applications.
-- Expanded and Enhanced Descriptive Content and Data Relationships -
Enables more efficient search and discovery. The addition of more than 36
million new data elements and nearly 6 million ISRCs increases both the
depth and breadth of Muze's entertainment product information, including
metadata, rich descriptive information, and high-value editorial content.
-- More Timely Data Updates and Flexible Data Delivery Options - Daily
incremental updates ensure the most current content available in the
marketplace, and flexible delivery options include web services-ready XML
feeds.MuzeGames 2.0 has been in the U.S. market since August of 2007 and the company recently announced the general availability of MuzeMusic® 2.0 in the U.S. and has streamed more than 7.5 billion audio streams through its MuzeTunes 2.0 service. The MuzeVideo® 2.0 product and Muze Streaming Media 2.0 will launch this November and MuzeBooks® 2.0 in January 2009. About Muze Inc. Established in 1991, Muze provides solutions to businesses that enable search, discovery, sharing, and purchasing of entertainment products. Our media information products and our sample and discovery services provide the foundation for making all types of entertainment products available on-demand anywhere, anytime, and are used by hundreds of companies worldwide to develop audiences and customers. Our clients range from in-store and online retailers, portals, community sites, and auction sites, to consumer electronics manufacturers and mobile services providers, all of whom rely on Muze's rich entertainment content and digital sample services to support both physical and digital retail commerce. Clients include Yahoo!, eBay, Best Buy, hmv, Blockbuster, Overstock, iLike, Packet Video, Hot Topic, and many others. Muze is based in New York City with operations in North America and the United Kingdom. To learn more, please visit www.muze.com and www.muzeeurope.com. Contact: Muze PR, Media, and Analyst Relations
Lee Ho
(212) 824-0371
lho@muze.com
Source: Muze Inc.
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