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MusicNet Forms MediaNet

NEW YORK (CelebrityAccess MediaWire) — MusicNet has formed MediaNet, a new company division dedicated to licensing digital media content, including music, books and videos. MusicNet currently offers its distribution partners a catalog of more than 2 million licensed songs that encompasses all of the major record labels and more than 40,000 independent labels, and music videos from Digital Rights Agency, ZebraLution GmbH and Navarre Corporation. MediaNet will serve as the company's digital content licensing aggregator and continue to bolster its music catalog and expand upon its offerings of books and videos.

"As MusicNet continues to help the world's best known consumer brands launch compelling digital entertainment services, we are committed to diversifying our digital media offerings to address the needs of consumers," said Alan McGlade, president and CEO of MusicNet. "MediaNet will build upon our strong licensing relationships and facilitate new partnerships that will bring today's most popular properties into the digital world." –Bob Grossweiner and Jane Cohen