The company uses the Internet and file formats that make music files smaller to enable a growing number of artists to broadly distribute and promote their music.
Consumers can search, sample and download music from their website free of charge.
The company is headquartered in San Diego, California. Credit Suisse First Boston is a leading global investment banking firm, providing comprehensive financial advisory, capital raising, sales and trading, and financial products for users and suppliers of capital around the world. It operates in over 60 offices across more than 30 countries and has over 14,000 employees. The Firm is a wholly owned subsidiary of the Zurich-based Credit Suisse Group. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.