eMusic Acquired by TriPlay
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Deal Creates One of the World's Largest, Most Comprehensive Digital Music Services
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NEW YORK, Oct. 20, 2015 /PRNewswire/ -- TriPlay, the next-generation personal cloud company, and the developer of MyMusicCloud and MyDigipack, today announces the acquisition of eMusic, a leading music discovery and download-to-own destination.
This deal makes the combined entity one of the largest, most comprehensive digital music services in the world, comparable only to Apple iTunes and Amazon with a broad offering of features including its own music store, music player and accessibility on over 14 platforms via the web and apps. TriPlay will offer its millions of active, eclectic and music-savvy users songs from a combined catalog of more than 25 million songs from every genre. And now, for the first time, eMusic users will have instant access to their extensive music collections, both online and offline, on any device, anywhere in the world.
A combination of cash and stock, the deal retains the executives and employees of eMusic and integrates both companies' operations.
"We are thrilled to join forces with this pioneer of the digital music industry to offer all our users the wide variety of music they love in a comprehensive, next-generation platform, complete with the features they want and need," said Tamir Koch, founder and CEO of TriPlay. "There is a lot more music in the world than what you find on the radio. Our broad catalog, global access and wide selection of features, are what the millions of eMusic and MyMusicCloud users are looking for. In the coming months, our users will begin to see significant enhancements as we introduce the complete music service they want, accessible anywhere, anytime and on any device."
About TriPlay TriPlay is a premier cloud services company, enabling users worldwide to easily access, manage, share and enjoy their music, photos and videos across any computer, mobile phone, tablet smart TV or wearable. TriPlay is a privately held company with offices in New York and Israel. More information can be found at www.triplay.com
Media Contact:Loren Pomerantz[email protected] 917-902-0219
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/emusic-acquired-by-triplay-300162936.html
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