eMusic CEO steps down as site merges with e-book distributor

It’s only March, but 2013’s already proving to be quite the wild ride for music distribution trailblazer, eMusic. A month after eschewing its long time subscription-only model by adding direct music purchases, the site has merged with Ray Kurzweil-founded e-book distributor, K-NFB Reading Inc. The companies confirmed the move in a statement sent to record label partners, which highlights their plan to, “create a consumer-centric interface that makes discovering, interacting with, and purchasing all kinds of media content more accessible and seamless for consumers.” The move also sees the exit of CEO Adam Klein. No tears there, however — the exec (and recent Engadget interview subject) said that he’s “very pleased with the significant repositioning of the company and its future direction.”

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Source: Wall Street Journal

eMusic no longer requires subscription, opens the indie music floodgates

eMusic no longer requires subscription, opens the indie music floodgates

Some big news for lovers of indie music with commitment issues. eMusic’s CEO Adam Klein announced this morning that his service will be dumping its subscription requirement, letting customers download music from the site without being forced to buy into a monthly fee. The new model, which puts the site in line with most of its musical competition, kicks off today. There’s a press release detailing the move after the break, if you’re into executive quotes.

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Source: eMusic