Pioneering Startup Inks First Deal With Major Label

NEW YORK, Sept. 22  AmieStreet.com, the up-and-coming music retailer and discovery service, today announced an agreement with Sony Music Entertainment to sell music from the major label’s vast catalog of legendary artists.

The deal covers both current hits and classic recordings from Sony Music. Under the agreement, tracks will be priced at set levels of $.69, $.99 and $1.29 per song.

Sony Music becomes the first major label to offer its content through AmieStreet.com, which was founded just three years ago in the dorm rooms of Brown University.

In adding one of the world’s most important music catalogs, the deal marks a significant next step in Amie Street’s mission to offer its users the richest and most diverse music experience possible, and to create a service that appeals to a broad base of mainstream music fans.

“Amie Street has proven to be an innovative platform for engaging music fans and introducing them to both emerging and established artists,” said Michael Paull, Executive Vice President, Global Digital Business, Sony Music Entertainment. “We look forward to our music being available to Amie Street’s growing community.”

For today’s release, Amie Street has created a special section on it’s website (http://amiestreet.com/blog/sony) highlighting just a small sample of the great artists, both old and new, that are now available, including dozens of classic albums that have been discounted to $4.99.

“The partnership with Sony Music is a huge development for Amie Street,” said Peter Asbill, Co-Founder of AmieStreet.com. “We want to be the best place to discover new music for all types of customers, from indie to mainstream, and adding the unparalleled Sony Music catalog is a critical step towards fulfilling that promise.”

About Sony Music Entertainment(R)

Sony Music Entertainment is a global recorded music company with a roster of current artists that includes a broad array of both local artists and international superstars. The company boasts a vast catalog that comprises some of the most important recordings in history. It is home to premier record labels representing music from every genre, including American Recordings, Arista Nashville, Arista Records, Aware, Battery Records, Beach Street Records, Black Seal, BNA Records, Cinematic, Columbia Nashville, Columbia Records, Epic Records, Essential Records, Flicker Records, Fo-Yo Soul, GospoCentric, Hitz Committee Entertainment, J Records, Jive Records, LaFace Records, Legacy Recordings, Masterworks, Polo Grounds, RCA Records, RCA Nashville, RCA Red Seal, RCA Victor, Reunion Records, Slightly Dangerous, Sony Classical, Sony Music Latin, Star Time International, Verity Records, and Volcano Entertainment. Sony Music Entertainment is a wholly owned subsidiary of Sony Corporation of America.

About AmieStreet.com(R)

AmieStreet.com is a place to discover, download and share music of every genre, from all over the world. It is the first store where the customers collectively determine the price of music. On AmieStreet.com, most songs start free and increase in price up to 98 cents, based on their popularity among members. Members are also rewarded with credit for more downloads when they recommend songs–the more a song increases in price after it’s been recommended the more credit the they receive. Amie Street is one of the easiest ways to discover new music online, and with over 1.5 million songs on the site, from the most recognizable musicians to the most promising unsigned acts, there is plenty of music to choose from. AmieStreet.com was founded in 2006, by three then Brown University seniors, and is now headquartered in New York City.