K-tel Online Partners With AOL's Spinner.com to Provide Music Content for
Playlist-To-Go; Deal Exposes K-tel.com to 1.7 Million Unique Users Per Month
Business & Entertainment Editors/Internet Writers
CALABASAS, Calif.--(BUSINESS WIRE)--Dec. 1, 1999--
Creates New Revenue Opportunities Through
AOL Spinner.com's Vast User Base
AOL's Spinner.com Launches Music Download Service Today -- Dec. 1
K-tel International Inc. (Nasdaq:KTEL), a leader in Internet
music retailing, has inked a deal to provide a taste of its vast music
library to visitors to AOL's Spinner.com (NYSE:AOL), the first and
largest Internet music service, and its new Playlist-To-Go feature.
K-tel is providing music content for Spinner.com's Music Download
Service, which includes the Playlist-To-Go feature that was launched
today. This new service will allow Spinner.com's 1.7 million unique
monthly users to listen to and download the Web's best music in every
genre.
Playlist-To-Go also offers a custom Music Download Player created
(BSNS WIRE) K-tel Online Partners With AOL's Spinner.com to Provide Musi
K-tel Online Partners With AOL's Spinner.com to Provide Music Content for
Playlist-To-Go; Deal Exposes K-tel.com to 1.7 Million Unique Users Per Month
Business & Entertainment Editors/Internet Writers
CALABASAS, Calif.--(BUSINESS WIRE)--Dec. 1, 1999--
Creates New Revenue Opportunities Through
AOL Spinner.com's Vast User Base
AOL's Spinner.com Launches Music Download Service Today -- Dec. 1
K-tel International Inc. (Nasdaq:KTEL), a leader in Internet
music retailing, has inked a deal to provide a taste of its vast music
library to visitors to AOL's Spinner.com (NYSE:AOL), the first and
largest Internet music service, and its new Playlist-To-Go feature.
K-tel is providing music content for Spinner.com's Music Download
Service, which includes the Playlist-To-Go feature that was launched
today. This new service will allow Spinner.com's 1.7 million unique
monthly users to listen to and download the Web's best music in every
genre.
Playlist-To-Go also offers a custom Music Download Player created
by Nullsoft, maker of the popular Winamp online music player, so that
users can easily listen to music downloaded from Playlist-To-Go, as
well as most portable MP3 players.
Spinner's Playlist-To-Go will link to K-tel.com, offering music
lovers an opportunity to learn about artists and songs, download a
track or purchase a CD.
"We are pleased to partner with a market leader like AOL's
Spinner.com," said Randy Malinoff, K-tel Online's general manager. "We
see this as a tremendous opportunity to introduce a whole new
generation to the hits of the '60s, '70s and '80s. This deal also
creates new revenue opportunities for K-tel through exposure to
Spinner.com's substantial user base."
Among the classic K-tel titles that will be made available on
AOL's Spinner.com are "Wooly Bully" by Sam The Sham, "Tutti-Frutti" by
Little Richard and "It's My Party" by Leslie Gore.
"Spinner's Playlist-To-Go is a first-of-its-kind music
aggregation service and we're delighted to be working with K-tel to
offer their expansive selection of music to users of Playlist-To-Go,"
said Josh Felser, general manager of AOL's Spinner.com.
About Spinner's Playlist-To-Go
Available today at www.spinner.com/musicdownloads, Spinner's
Playlist-To-Go is a convenient way for consumers to grow their music
collections, listen to the "best of the Web," or get new music for
their portable music devices. The new service highlights the best free
downloads of songs from a full range of artists and record labels,
organizes them by genre into playlists, and updates them daily.
Registered Spinner users will be able to customize the playlists,
conveniently download and play the music, and save up to 10 songs.
Investors interested in receiving the latest news from K-tel may
register for its e-mail list by mailing the company at
ktel@visioncc.net.
About K-tel
K-tel International, Inc. is a vertically integrated developer,
marketer and distributor of entertainment and consumer products
worldwide with active operations in the United States, the United
Kingdom, and Germany.
The company markets its product lines globally through K-tel
Online, at www.ktel.com in the United States and www.ktel.de in
Germany, as well as through brick and mortar retailers, wholesalers,
distributors and licensees. Ktel.com is a leading e-commerce site that
features proprietary content for custom CDs, over 250,000 music
titles and 35,000 home video titles, as well consumer products and an
auction site.
The statements in this news release may contain forward-looking
statements relating to future results of the company (including
certain projections and business trends) that are "forward-looking
statements" as defined in the Private Securities Litigation Reform Act
of 1995. Actual results and performance may differ materially from
expressed forward-looking statements because of certain risks and
uncertainties, including, but not limited to, changes in political and
economic conditions, demand for and market acceptance of new and
existing products, the impact from competition for Internet content,
merchandise and recorded music, dependence on strategic alliance
partners, suppliers and distributors, market acceptance of the
Internet for commerce and as a medium for advertising, technological
changes and difficulties, availability of financing and other risks
detailed in the company's Securities and Exchange Commission filings.
The company undertakes no obligation to publicly release the result of
any revisions to these forward-looking statements.
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CONTACT: K-tel Online
Randy Malinoff, 818/225-6160
rmalinoff@k-tel.com
or
Vision Corporate Consulting
Billy Hayes, 212/509-4565
billy@visioncc.net |
