investor relations

Wippit And Warner International Agree Digital Download Deal



Wippit, The London based digital music service and Warner Music International have today announced an agreement that will see Wippit distributing Warner catalogue through its web site.

This agreement with Warner, with artists included such as, Linkin Park, Green Day and R.E.M. brings Wippit to the forefront as a source of major label repertoire. Initially, Warner catalogue will only be available to customers based in Europe, who will be able to purchase music from the Wippit web site by credit card. UK customers can also purchase by SMS billed mobile phone.

Matt Rennie, Head of Digital Business Development for Warner Music said, "Adding Wippit to our expanding digital distribution network provides yet another outlet for our artists to reach their fans who like to buy their music digitally. We are delighted to be able to add our catalogue to their innovative service and look forward to working closely with them in the future."

Paul Myers, CEO and Founder of Wippit said, "It's a big day for Wippit and the addition of Warner's and some of the world's best music which they bring really puts us on the top rung of digital entertainment retailers".

Wippit has become synonymous with offering excellent value, first class music in flexible formats and the Warner Music catalogue will be available on Windows Media Audio format at the high quality bit rate of 192kbps.

Myers added, "Wippit will continue doing what we're doing, offering great value music of exceptional standard. Only now we have even more of it".

About Wippit
Wippit is a music download pioneer with 100,000's of downloads including the universally accepted MP3 format to buy individually for as little as 29p each, or unlimited downloads for only £50 a year from a constantly changing selection of 60,000 audio titles.

Artists available on Wippit include:
Linkin Park, Green Day, R.E.M., Natasha Beddingfield, Kasabian, Robbie Williams, Outkast, Maroon 5, Ty, Franz Ferdinand, Jamelia, Joss Stone, Slipknot, Armand Van Helden, Nickelback, Coldplay, Dido, David Bowie, Norah Jones, Kelis, Rolling Stones, Sepultura, Countermine, Machine Head, Interpol, Christina Aguilera, Iron Maiden, Killswitch Engage, Chimaira, Pink Floyd, Usher, The Thrills, Justin Timberlake, Kylie and Alicia Keys.

About Warner Music International
Warner Music International, a leading company in national and international repertoires, is headquartered in London and operates through 37 affiliates and numerous licensees in over 50 countries.