AmieStreet.com Launches in Japan

AmieStreet.com Launches in Japan

Expands dynamic-pricing model to sell Manga and anime as well as mp3s

NEW YORK, Dec. 10 /PRNewswire/ -- Today AmieStreet.com announced the launch of Amie Street Japan (AmieStreet.jp), a joint venture with the leading Asia-Pacific Linux distributor, TurboLinux.

This launch marks the first stage in AmieStreet.com's expansion into international markets as well as into the video and animation sectors.

AmieStreet.jp will sell DRM free mp3s, like its American counterpart, as well as Japanese video anime, and Manga, a format of Japanese comic books that was a $4.4 billion market in Japan in 2006.

"Japan represents a significant first step in Amie Street's international expansion," said AmieStreet.com Co-Founder Elias Roman. "Japan's numerous and vibrant digital media markets, as well as advanced mobile technology, will be very well served by Amie Street's community-driven pricing model and real-time content recommendations from members' social networks."

Members of AmieStreet.jp will collectively determine the price of all the music, anime and Manga, based on the AmieStreet.com model where all songs start free and increases in price as they increase in popularity. Members will also earn money to spend on more music, anime and Manga when they recommend content that subsequently rises in price, based on the AmieStreet.com REC (recommendation) system.

AmieStreet.jp is currently in private beta with a public launch set for the first quarter of 2008.

About AmieStreet.com

AmieStreet.com is the first digital music store where members of the community determine the price of every song. Founded in the Spring of 2006, AmieStreet.com offers music fans a community driven music experience to help them discover their next favorite artist. Every song starts out free on AmieStreet.com and increases in price based on the number of purchases. The site also rewards members with more downloads when they recognize and recommend tracks that increase in price, giving users an incentive to find and recommend good music first. All artists can sell their music on AmieStreet.com, using its platform to connect with a larger audience and build momentum and buzz for their music, Since announcing its Series A financing led by Amazon.com in August of 2007, AmieStreet.com has increased its music catalog by over 3000% to nearly 1 million songs.

www.AmieStreet.com

Contact: Joshua Boltuch of AmieStreet.com
Office 718-482-8307

Source: AmieStreet.com

CONTACT: Joshua Boltuch of AmieStreet.com, +1-718-482-8307

Web site:

http://www.amiestreet.com/

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