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Company Overview

Company Overview For the past 13 years MediaBay has been a leading seller of spoken word entertainment including audiobooks and classic radio shows via catalog, retail, digital download. MediaBay has over 75,000 hours of content:

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Company Overview

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  1. Company Overview • For the past 13 years MediaBay has been a leading seller of spoken word entertainment including audiobooks and classic radio shows via catalog, retail, digital download. • MediaBay has over 75,000 hours of content: • Audiobooks from every major publisher in the United States including Simon and Schuster, Hachette (Time Warner), Brilliance, Penguin, Random House, and Harper Collins; and • The largest archive of the history of American Radio – including such stars as Abbott & Costello, Bob Hope, Jack Benny, Orson Wells, The Shadow, Lucille Ball, Burns and Allen, Lone Ranger, Superman, Gunsmoke and much more.

  2. How MediaBay Sells Classic Radio Programs • retailers such as Barnes & Noble and Borders • Direct to consumers via catalogue • Internet at RadioSpirits.com • Download at RadioClassics.com • Syndicated Radio show on 250 stations and 24 hour stations on XM and Sirius

  3. How MediaBay Sells Audiobooks • Via Catalogue on a monthly basis directly to consumers • Websites AudiobookClub.com and Soundsgood.com • Via third party partnerships with MSN Music, Real Networks and MusicNet (AOL Muisc, Yahoo! Music, HMV, Virgin, MTV)

  4. Where is the Spoken Word Market Going? • The Audio Publisher Association estimates the total Audio Book market in 2004 was $800 Million • Includes sales at retail ($600M), to libraries ($150M); clubs ($20M); downloads ($30M) • Audiobook market has grown at 10% per annum for the past 10 years • In 2004, an estimated 8.6% of the music sales came from legal and illegal downloads • In 2009, Forrester estimates 33% of music sales will come from downloads • If Audio Books follow the same adoption curve, the download Audio Book market will be $380 Million in 2009 Source: Forrester Research August 2003 – Discs to Downloads

  5. How will Downloads be Listened to? • Burn Audio CD’s • Music (MP3) Players • -Hard Drives • -Flash Drives • SD Cards • Smart Phones • Super PDA’s • Satellite Radio • Media Centers • Portable Video Players Since 70% of AudioBooks are listened to in the car, this is the opportunity that needs to be capitalized upon.

  6. New Technologies & Services • Motorola recently announced iRadio Service • Music and content service on your Motorola that has hundreds of commercial free music channels and talk stations. • Uses Bluetooth to play back content in your car or home stereo system • Stores content in the cache memory of the phone and if interrupted, picks up where it is left off.

  7. New Technologies and Services • mSpot • Private labels service for Sprint Radio on cell phones • delivers news, sports, finance and weather programming from NPR®, Sporting News, MarketWatch and AccuWeather. • MSpot’s mobile radio services feature three programming formats: • LIVE – live radio programming; • ON-DEMAND – frequently updated clips and stories that users can select and play anytime; • PRE-RECORDED – long format shows and programs that loop continuously. All programming formats are streamed directly to the mobile handset - MSpot does not store any content on the device.

  8. New Technologies and Services • Client Software for Smartphones and PDAs such as AudibleAir • Allows a user to wirelessly access their books or subscriptions for listening from their Smartphone or PDA. • Uses minutes from data plan. • Refresh new content or schedule automatic updates in a similar way as an RSS feed • Download new audiobook content

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