Foreign exchange (forex) trading is a rapidly-growing in popularity with individual investors.
- 11 January 2006 10:36
destra Music - largest digital music provider in Australia
Melbourne, 11 January 2006 - destra Music, wholly owned by destra Corporation Limited (ASX: DES) has licensed CD Baby’s music catalogue to expand its own online music catalogue to over 1.3 million tracks – the largest in the country.
destra is also pushing strongly into online video and now has over 15,000 video clips from well known artists available for streaming via MP3.com.au/MP3TV. “We are committed to offering consumers the full music experience – music and video,” said Domenic Carosa, destra CEO.
“destra Music and MP3.com.au are among the most recognised brands in digital music within Australia,” said Carosa. “We had a record 2.5 million downloads and streams via our MP3.com.au music website in December 2005.”
Carl Olsen, destra Chairman, commented, “Our ‘a la carte’ single track download service, through our retail partners, enables fans to sample one of Australia’s largest and most diverse online music catalogues and experience the largest number of features using a secure and authorised platform.”
destra Music blazed a trail as the first company in Australia to launch a legal digital music service in December 2003, offering music through its network of online retail partners. Today, with the addition of CD Baby’s licensed tracks, destra Music has access to over 1.3 million tracks from major record companies and individual artists offering digital music delivery through its retail partner sites - such as chaosmusic.com.au, harveynorman.com.au, jbhifi.com.au and a number of ABC sites.
In late 2005, the Company expanded its longstanding relationship with SonyBMG Australia (SonyBMG) to enable destra to sell SonyBMG’s music full track downloads to mobile phones as well as true tones, wall papers and movie video clips. destra also purchased The Rajon Music & Video Group (Rajon), one of the largest independent record labels in Australia. ENDS
destra Corporation Limited destra (ASX:DES) is a leading internet and e-commerce company delivering internet business and consumer entertainment solutions through its two arms – destra Media and destra Business.
destra Media divisions include destra Music – facilitators of the online distribution of digital music; Musicpoint - a web-based service for radio stations providing automated online distribution of new releases; MP3.com.au – Australia’s number one digital music provider for independent and unsigned artists; The Rajon Music & Video Group - one of the largest independent record labels in Australia.
Business communications offerings are delivered through the following divisions – destra Business and TPP Internet. These divisions service the SME sector through mid tier to large corporations delivering on their needs in data connectivity, voice communications and all levels of hosting and domain name services.
For further destra Media information please contact: Domenic Carosa - Chief Executive Officer, destra Corporation Tel: +61 3 8415 9111 / 0411 19 69 79 Email: email@example.com or Dolores Diez, Corporate Communications - 0417 330 881
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