UNIVERSAL MUSIC GROUP CHOOSES INSTANT LIVE(TM)
September 26, 2005 - Universal Music Group (UMG), the world's leading music company, today announced a partnership with Instant Live(TM), a division of Clear Channel Entertainment's Music Group, to deliver live recordings to fans immediately following artists' live performances.
"Instant Live(TM) provides a unique product, a custom live music CD that extends the live concert experience and strengthens the connection between artists and fans," stated Larry Kenswil, President of eLabs, UMG's new media and technologies division. "We are delighted to be in business with them, offering our consumers even more ways to enjoy the musical experience."
Instant Live(TM) is the premier provider of onsite concert recording and distribution. In most instances, the groundbreaking Instant Live(TM) CDs are delivered to fans within six minutes of the end of a concert. For fans that are not able to attend a show, the recordings are made available on the Instant Live(TM) Web site, individual artists' Web sites, and participating retailers nationwide. Digital downloads will be made available through digital music retailers.
"Having the world's largest music company embrace Instant Live is tremendous and we appreciate UMG/eLabs in taking the lead to utilize our services," said Stephen Prendergast, General Manager, Instant Live(TM) LLC. "We look forward to providing enhanced revenue and marketing opportunities for the UMG labels and artists."
A complete schedule of upcoming Universal artists' Instant Live(TM) dates will be available at http://www.instantlive.com .
About Universal Music Group
Universal Music Group is the world's largest music company with wholly owned record operations or licensees in 77 countries. Its businesses also include Universal Music Publishing Group, one of the industry's largest global music publishing operations.
Universal Music Group consists of record labels Decca Music Group, Deutsche Grammophon, DreamWorks Nashville, Interscope Geffen A&M Records, Geffen Records, Island Def Jam Music Group, Lost Highway Records, MCA Nashville, Mercury Nashville, Mercury Records, Philips, Polydor Records, Universal Music Latino, Universal Motown Records Group, and Verve Music Group as well as a multitude of record labels owned or distributed by its record company subsidiaries around the world. The Universal Music Group owns the most extensive catalog of music in the industry, which is marketed through two distinct divisions, Universal Music Enterprises (in the U.S.) and Universal Strategic Marketing (outside the U.S.). Universal Music Group also includes eLabs, a new media and technologies division, and Universal Music Mobile. Universal Music Group is a unit of Vivendi Universal, a global media and communications company.
About Clear Channel Entertainment
Clear Channel Entertainment, a leading producer and marketer of live entertainment events is a subsidiary of Clear Channel Communications (NYSE: CCU - News), a global leader in the out-of-home advertising industry. Clear Channel Entertainment currently owns, operates and/or exclusively books approximately 130 live entertainment venues, in North America and internationally. Each year more than 69 million people attend approximately 32,000 events promoted and/or produced by the company, including live music events; Broadway, West End and touring theatrical shows; family entertainment shows; museum exhibitions, and specialized sports and motor sports events. In addition, the company's independently operated athlete representation business, SFX, provides management, marketing and financial consulting services to many of the world's top professional athletes. Clear Channel Entertainment operates throughout North America, Europe, and Australia. More information may be found by visiting http://www.cc.com and http://www.clearchannel.com.