Loudeye and Planet Internet Renew Agreement for Broadband Access to Digital Music Downloads

Loudeye and Planet Internet Renew Agreement for Broadband Access to Digital Music Downloads

LONDON, June 21 /PRNewswire-FirstCall/ -- Loudeye Corp. (NASDAQ:LOUD), a worldwide leader in business-to-business digital media solutions, today announced renewal of agreement with Planet Internet for the successful bundling initiative launched in March 2005. Planet Internet customers receive promotional credits that can be redeemed for a wide range of digital music downloads powered by Loudeye's OD2 services.

The renewal of this agreement is a direct result of the success of Planet Internet's 2005 promotional campaign in which every ADSL Comfort and ADSL subscriber received a credit voucher redeemable for euro 4,00 or euro 10,00 of music per month. These vouchers can then be spent on track or album downloads from Planet Internet's OD2 powered "Music Stream" service. In 2005, Music Stream customers downloaded more than 2 million tracks from the service.

Ed Averdieck, Loudeye's Managing Director in Europe, said, "We are delighted that the success of the Music Stream promotional offer with Planet Internet has led to the extension of this deal for another year. Offering digital music to subscribers as part of their broadband package has proven to be an attractive offer for consumers."

Tako in 't Veld of Planet Internet, added, "Music Stream is one of our fastest growing offerings and continues to be one of the most successful digital music services in the Netherlands. In order for us to maintain this success it is vital we collaborate with the best digital music providers in Europe, and in OD2 we have just that partner."

About Loudeye Corp.

Loudeye is a worldwide leader in business-to-business digital media solutions. Loudeye combines innovative services with a broad catalog of licensed digital music and an industry 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.

About Planet Internet

Planet Internet is one of the largest Internet Service Providers in the Netherlands. At the end of March, 2006, Planet, a subsidiary of KPN, had 773,000 customers, including 581,000 ADSL connections. Planet Internet is the only Internet Service Provider in the Netherlands to offer a comprehensive range of broadband services. Besides music, Planet Internet also offers movies, games, educational games for children and self-learning courses. For more information please visit www.planetinternet.nl.

Forward Looking Statements

This release contains forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements in this release 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; adverse or uncertain legal developments with respect to copyrights surrounding the creation and distribution of digital content; redemption rates for promotional credits that Loudeye offers; 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, U.S., Karen DeMarco, kdemarco@mprm.com, or Gil Lee,
glee@mprm.com, both of mPRm, +1-323-933-3399, for Loudeye; or media, 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 investors,
Chris Pollak, Investor Relations of Loudeye Corp., +1-206-832-4000, or
ir@loudeye.com

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

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