MUSICRYPT REPORTS 500% GROWTH IN US SONG DELIVERIES Deliveries via DMDS to US destinations increase 500% in Q4 over Q1 2006 CNW Musicrypt Inc., the leader in secure digital media distribution, reports that deliveries of music tracks using its Digital Media Distribution System (DMDS) in the US increased 500% from the first quarter of 2006 to over 219,000 deliveries in the fourth quarter of 2006. This rapid growth is attributed to the widespread adoption of DMDS by radio stations and major and independent labels throughout the US. In 2006 DMDS delivered songs from superstar artists such as American Idol winner Taylor Hicks, Beyonce, Neil Young, U2, Ludacris, Norah Jones, Dixie Chicks, Tony Bennett, Red Hot Chili Peppers, and hundreds more.
"The rate of growth in the US is quite remarkable and is continuing to accelerate into 2007," said Chris Montgomery, Executive VP Marketing for Musicrypt. "This increase is primarily driven by major label artist releases and we have begun marketing our service to the independent music sector. We expect this expansion to continue in the US as well as the UK, Europe and Canada."
Musicrypt's patented DMDS has delivered over 7,000 different songs from more than 150 record labels to destinations which include radio stations representing over 35 US broadcast chains such as CBS/Infinity, Citadel, Clear Channel, Cox, Cumulus, Emmis, EntreVision, Entercom, Federated Media, Sirius, Journal, DMX, Jones Radio, AOL, Music Choice, Radio One, Salem Communications, Univision, Westwood One, Regent, Premiere Radio, Next Media, XM Satellite Radio, Waitt Media and many others. DMDS is the only digital delivery system that can deliver music throughout the US, Canada and the UK.
Musicrypt is partnered in the US with Billboard, R&R and Nielsen BDS, in the UK, Europe and Australia with Adstream Ltd., and is marketed to the US advertising industry by AWE, a division of Omnicom, and The Gary Group. |