Loudeye Sees Record Number of Paid Music Downloads During 2005 Holiday Season

Loudeye Sees Record Number of Paid Music Downloads During 2005 Holiday Season

SEATTLE and LONDON, Jan. 6 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a worldwide leader in digital media solutions, today announced it experienced record transactional volume of digital music downloads from its European operations during the 2005 holiday season.

Strong December 2005 downloading drove an increase in transactional volume of more than 200% compared to the same period in 2004. Approximately 85,000 tracks were downloaded on Christmas Day alone, a one-day record for Loudeye's European music store services. Of these, over 60,000 were unique tracks, showing the diverse range of content appealing to consumers.

"These results show that the appetite for legal music downloads continues to grow at a strong pace," said Ed Averdieck, managing director of Loudeye Europe. "Together with our retail partners, we believe we are well placed to capture growing demand for digital music in 2006."

About Loudeye Corp.

Loudeye is a worldwide leader in business-to-business digital media solutions. Loudeye combines innovative products and services with the world's largest digital music archive, a broad catalog of licensed digital music and the industry's leading digital media infrastructure enabling partners to rapidly and cost effectively launch complete, customized digital media stores and services. For more information, visit www.loudeye.com.

Forward Looking Statements

This release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current estimates and actual results may differ materially due to risks, including the possibility of adverse changes in the market for distribution of digital audio and video that Loudeye serves; lack of market acceptance for Loudeye's products and services; adverse or uncertain legal developments with respect to copyrights surrounding the creation and distribution of digital content; pricing pressures and other activities by competitors; and other risks set forth in Loudeye's most recent Form 10-Q, Form 10-K and other SEC filings which are available through EDGAR at www.sec.gov. These are among the primary risks we foresee at the present time. Loudeye assumes no obligation to update the forward-looking statements.

Source: Loudeye Corp.

CONTACT: Media/press contact (Europe), Chris Owen of Trimedia
Communications UK, +44 (0)207 471 6851, or +44 (0)7787 122 800, or
chris.owen@trimediauk.com, for Loudeye; or Media/press contact (U.S.), Karen
DeMarco of mPRm Public Relations, +1-323-933-3399, or kdemarco@mprm.com, for
Loudeye; or Investor relations, Michael Dougherty of Loudeye,
+1-206-832-4000, or ir@loudeye.com

Web site: http://www.loudeye.com/

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