Muze Adds Track Level Data to MuzeMusic 2.0 Media Information Solution
2008-07-24 16:28:00
Muze Adds Track Level Data to MuzeMusic 2.0 Media Information Solution
Muze Adds Track Level Data to MuzeMusic 2.0 Media Information Solution
Millions of New Data Attributes Improve Search, Discovery, and Consumption of Music
NEW YORK, NY–(EMWNews – July 24, 2008) – Muze Inc.,
the leading independent provider of innovative entertainment information
products and media preview and discovery services, today announced that it
will now provide track-level data as a part of its forthcoming release of
MuzeMusic 2.0, the company’s next-generation media information solutions
portfolio for music product sales, audience development, and social
networking applications.
According to Forrester Research, digital music sales will grow at a
compound annual growth rate of 23% over the next five years, reaching $4.8
billion in revenue by 2012.(1) By 2011, 50% of all music sold in the US
will be digital, and sales of digitally downloaded music are expected to
surpass the sales of physical CDs by 2012. However, providing consumers
with an easier way to discover and navigate through the vast universe of
old and new music continues to present challenges to both content owners
and marketers alike. Having track and song-level metadata and descriptors
is essential for enabling search, discovery, recommendation, and
consumption of music and other forms of digital entertainment.
MuzeMusic® 2.0 is a comprehensive music database that contains normalized
commercial metadata, expert editorial content including reviews and
biographies, artist images, and music samples that enable companies to
increase their sales of entertainment products — such as tracks and albums
— and to attract and retain subscribers to Internet, mobile, and social
networking sites. One of four modular data packages, MuzeMusic 2.0 Tracks
Plus contains essential top-line commercial data — such as title, artist,
label, release date, and product code — for individual music tracks. Over
20 million new descriptive attributes have been added to MuzeMusic 2.0
product suite, including details such as composers, themes, genres, and
styles by track. The integration of these attributes with Muze album and
artist metadata greatly improves navigation and refines search results, as
well as providing key data elements necessary for generating high-quality
recommendations and playlists.
“Muze media information products are revolutionizing the way that
entertainment products and services are discovered and consumed,” says
Janice P. Anderson, chairman and chief executive officer for Muze. “The
addition of track-level data to our already-comprehensive music information
product offering will enable retailers, social networking and internet
destinations, and consumer electronics manufacturers to provide essential
information to their customers that will allow them to more easily index
and navigate the content they already have, as well as facilitating the
discovery of new songs, albums and artists.”
Muze Tracks Plus, along with MuzeMusic 2.0, will be generally available at
the end of July.
(1) Forrester Press Release:
http://www.forrester.com/ER/Press/Release/0,1769,1200,00.html
About Muze Inc.
Established in 1991, Muze provides solutions to businesses that enable
search, discovery, sharing, and purchasing of entertainment products. Our
media information products and our sample and discovery services provide
the foundation for making all types of entertainment products available
on-demand anywhere, anytime, and are used by hundreds of companies
worldwide to develop audiences and customers. Our clients range from
in-store and online retailers, portals, community sites, and auction sites,
to consumer electronics manufacturers and mobile services providers, all of
whom rely on Muze’s rich entertainment content and digital sample services
to support both physical and digital retail commerce. Clients include
Yahoo!, eBay, Best Buy, Overstock, iLike, Pricegrabber, Packet Video, Hot
Topic, Play.com, and many others. Muze is based in New York City, with
operations in North America and the United Kingdom. To learn more, please
visit www.muze.com and www.muzeeurope.com.
Muze PR, Media, and Analyst Relations David Z Orban (212) 824-0349 [email protected] |
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