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MusicMatch Claims 18,000 Subscribers

MusicMatch today announced that its Radio MX service has secured more than 18,000 subscribers since its inception in late May 2001, claiming that its early success is “proof that customers are willing to pay for high-quality digital music.” The company is demonstrating its new Radio MX digital music subscription service at the Jupiter Media Metrix Plug-In conference in New York. Radio

P.J. McNealy, senior analyst with Gartner

G2, and a leading analyst tracking trends in the digital music industry, said, “As streaming music subscription models move to CD-quality, consumers are more likely to follow, because the listening experience will be closer to what they’re familiar with, and less of the problematic buffering experience at lower streaming bit rates.”

“MusicMatch Radio MX has surpassed our expectations for membership in just a short time,” said Dennis Mudd, CEO of MusicMatch. “It confirms that people are willing to pay for a music service that combines personalized programming with the highest quality audio.”

“Radio MX provides excellent sound and I enjoy being able to program favorite artists and stations,” said Radio MX subscriber Jeffrey Bogart, of La Mesa, California. “It introduces casual listeners like myself to unfamiliar artists in a convenient way and I anticipate that the service will only get better with time.”  

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