eMusic CEO steps down as site merges with ebook distributor

It's only March, but 2013's already proving to be quite the wild ride for music distribution trailblazer, eMusic. A month after eschewing its long time subscription-only model by adding direct music purchases, the site has merged with Ray Kurzweil-founded ebook distributor, K-NFB Reading Inc. The companies confirmed the move in a statement sent to record label partners, which highlights their plan to, "create a consumer-centric interface that makes discovering, interacting with, and purchasing all kinds of media content more accessible and seamless for consumers." The move also sees the exit of CEO Adam Klein. No tears there, however -- the exec (and recent Engadget interview subject) said that he's "very pleased with the significant repositioning of the company and its future direction."Filed under: SoftwareCommentsSource: Wall Street Journal Continue reading at 'Engadget'

[ Engadget | 2013-03-20 00:00:00 UTC ]
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