SEATTLE--(BUSINESS WIRE)--May 16, 2007--Amazon.com (NASDAQ:AMZN)
today announced it will launch a digital music store later this year
offering millions of songs in the DRM-free MP3 format from more than
12,000 record labels. EMI Music's digital catalog is the latest
addition to the store. Every song and album in the Amazon.com digital
music store will be available exclusively in the MP3 format without
digital rights management (DRM) software. Amazon's DRM-free MP3s will
free customers to play their music on virtually any of their personal
devices -- including PCs, Macs(TM), iPods(TM), Zunes(TM), Zens(TM) --
and to burn songs to CDs for personal use.
"Our MP3-only strategy means all the music that customers buy on
Amazon is always DRM-free and plays on any device," said Jeff Bezos,
Amazon.com founder and CEO. "We're excited to have EMI joining us in
this effort and look forward to offering our customers MP3s from
amazing artists like Coldplay, Norah Jones and Joss Stone."
"Amazon.com is known around the world for the unique experience it
offers music customers through features such as customer reviews and
personalized recommendations," said Eric Nicoli, EMI CEO. "They have
been an important retail partner of ours, and we are delighted they
will be offering consumers EMI's new premium DRM-free downloads in
their new digital music store. We think having a trusted destination
like Amazon.com offer a high-quality digital music product that will
play across a number of devices gives consumers more options and will
be a significant boost for the overall digital music market."
Amazon.com, Inc., (NASDAQ: AMZN), a Fortune 500 company based in
Seattle, opened on the World Wide Web in July 1995 and today offers
Earth's Biggest Selection. Amazon.com, Inc. seeks to be Earth's most
customer-centric company, where customers can find and discover
anything they might want to buy online, and endeavors to offer its
customers the lowest possible prices. Amazon.com and other sellers
offer millions of unique new, refurbished and used items in categories
such as health and personal care, jewelry and watches, gourmet food,
sports and outdoors, apparel and accessories, books, music, DVDs,
electronics and office, toys and baby, and home and garden.
Amazon and its affiliates operate websites, including
www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp,
www.amazon.fr, www.amazon.ca, and www.joyo.com.
As used herein, "Amazon.com," "we," "our" and similar terms
include Amazon.com, Inc., and its subsidiaries, unless the context
Amazon.com Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Actual results may differ
significantly from management's expectations. These forward-looking
statements involve risks and uncertainties that include, among others,
risks related to competition, management of growth, new products,
services and technologies, potential fluctuations in operating
results, international expansion, outcomes of legal proceedings and
claims, fulfillment center optimization, seasonality, commercial
agreements, acquisitions and strategic transactions, foreign exchange
rates, system interruption, significant amount of indebtedness,
inventory, government regulation and taxation, payments and fraud.
More information about factors that potentially could affect
Amazon.com's financial results is included in Amazon.com's filings
with the Securities and Exchange Commission, including its Annual
Report on Form 10-K for the year ended December 31, 2006, and all
CONTACT: Amazon.com, Inc.
Amazon.com Media Hotline, 206-266-7180
SOURCE: Amazon.com, Inc.