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LimeWire Store Inks Distribution Agreement With BFM Digital

Posted on: Thursday, 27 March 2008, 18:00 CDT

Lime Wire LLC today announced an agreement with BFM Digital (www.bfmdigital.com), a leading aggregator and distributor of independent music, to sell DRM-free music in LimeWire Store, the company's online music store.

The partnership will make 50,000 tracks available from BFM's catalogue of independent artists and labels. With this agreement, BFM joins an ever-expanding group of content providers already offering nearly 1 million tracks in the LimeWire Store.

"We are really excited to add BFM's diverse roster of distributed labels and artists to the LimeWire Store," says Jim McDermott, LimeWire Store's Director of Operations. "BFM joins an expanding network of independent music distributors who see the strategic value in partnering with Lime Wire and our user base of over 60 million."

Steven Corn, CEO of BFM Digital, says "BFM has always supported companies that are developing alternative business models in the digital music industry. LimeWire Store is a service that can meet the needs of both the buyers and content providers. We are very proud to encourage such innovative strategies."

LimeWire Store beta launched in March 2008, and features nearly 1 million licensed, high quality DRM free tracks for sale, provided by partner labels including BFM, Redeye Distribution, IODA, Ingrooves, Nettwerk Productions, and IRIS. Those relationships are increasing due to LimeWire's aggressive pursuit of partnerships with distributors, labels, and artists.

"Our goal is to not only create a platform that gives fans a way to connect to their favorite musicians, but to create a valuable sales and marketing channel for labels and independent artists," says Jim McDermott.

About LimeWire LLC

Lime Wire LLC (www.LimeWire.com) develops powerful, sophisticated software offering an unparalleled user experience. Its signature products, LimeWire BASIC and LimeWire PRO, run on the decentralized Gnutella Network and are among the world's most popular peer-to-peer file sharing applications. Founded in 2000 by Chairman Mark Gorton, Lime Wire is a leader of innovative peer-to-peer software development and solutions in the file sharing industry. The Lime Wire team enjoys a dynamic work environment at company headquarters in New York City.

BFM Digital, LLC

Connecting music to the world since 2004, BFM Digital (www.bfmdigital.com), formerly known as Big Fish Media, is an innovative digital distribution company committed to serving the independent music community by helping them maximize their catalog's potential through global digital distribution. BFM Digital offers labels, artists and content providers access to all major online and mobile store fronts. BFM represents hundreds of catalogs in every genre and works closely with labels to ensure top placements through ongoing promotions with retailers and target campaigns for key releases. BFM is also affiliated with leading global publishing companies such as The Royalty Network, Inc. For more information, please visit www.bfmdigital.com.

Source: Business Wire

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