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Tuesday, June 06, 2006

Fortuna Strikes Agreement With Naxos to Create New Model for Selling Digital Music

Fortuna Strikes Agreement With Naxos to Create New Model for Selling Digital Music

- Fortuna Will Not Sell Individual Tracks or Albums but an Entire Digital Library of Classical Music Called the Cornerstone Collection -

SAN DIEGO, June 6 /PRNewswire/ -- Fortuna Classical Music has teamed up with Naxos to release the most comprehensive library of classical music ever created. The Cornerstone Collection digitally bundles together nearly 5,000 of the greatest works ever written, from the dawn of the Renaissance to the shattering first decades of the 20th century.

Director of Sales and Marketing for Fortuna, Chad Frisque says, "Selling classical music in packages is not a new concept. What makes the Cornerstone Collection unique other then its sheer size, is that the library will only be sold digitally. Classical music sales account for less then 5% of physical media sales, but make up nearly 12% of digital music sales."

The music along with high-resolution scans of the original CD booklets and liner notes comes preloaded on Fortuna's high-fidelity home theater device called Maestro. Even with Maestro the Cornerstone Collection costs about one third of what it would under traditional digital music models of $0.99 per track.

Fortuna's Director of Music and Media, Steven Carlson says, "The goal of the Cornerstone Collection is to offer classical music lovers an instant library of foundational classical music repertoire, in one package. It would normally take years to carefully assemble a vast library of essential classics such as this."

About Fortuna Classical Music

Fortuna Classical Music is a privately held, San Diego based company dedicated to the technological and social advancement of classical music. Co-founders Evan Schumacher and Ross Stensrud met as engineering students at the University of California at San Diego and began the company to address the unique challenges faced by classical music collectors sidelined by technology designed for the pop music majority.

Please visit our website at www.fortunaclassical.com

Contact: Ross Stensrud
858.527.1615
ross@fortunaclassical.com

Source: Fortuna Classical Music

CONTACT: Ross Stensrud of Fortuna Classical Music, +1-858-527-1615,
ross@fortunaclassical.com

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

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