Musical artists Jude, the Deftones and Prodigy will have a new
online venue at MP3.com, as part of the online music service's deal with
their music label, Maverick Records.
The agreement, announced Monday, will allow Maverick to use MP3.com
services, including the personalized music service My.MP3.com, to help
market and promote its family of recording artists. The Los Angeles-based
record company, founded by Madonna, has also agreed to license its catalog
of songs for use by My.MP3 in services such as Beam-it and Instant
Maverick is a subsidiary of AOL Time Warner's Warner Music Group, one of the
four major recording labels that reached an out-of-court settlement with MP3.com in a
licensing battle last year.
"Maverick believes that MP3.com represents an important step forward in the
creative exploitation of recorded music," Ronnie Dashev, Maverick's chief
operating officer, said in a statement.
MP3.com has been healing its wounds after a major legal fracas with the music
industry, while looking for ways to generate revenue streams. It has struck
new licensing deals and is honing its technology and services
to pay for the money lost in settlements with major music companies.
Last month, MP3.com announced plans to develop music applications
for cell phones based on Qualcomm's wireless software standard, BREW.
Also last month, the Internet music service launched a music-licensing unit
that will help artists get their songs on television programs, commercials
and films, while offering them ways to maintain control over the rights to