Description: As of 2007, MediaBay, Inc. went out of business. MediaBay, Inc. operates as a digital media and publishing company. The company sells audio book titles through direct mail and Internet as well as in hard copy formats, such as compact discs and cassettes. The company also offers digital media, marketing, and publishing services. It offers audio titles for spoken audio entertainment including audio books, newspapers, classic American radio shows, educational courses, university lectures, theatre plays, self-improvement courses, television soundtracks, stand-up comedy, children's storytelling, parenting advice, and study guides. The company operates downloadable content stores and subscription services which are co-branded via partnerships with celebrities and corporate affiliates. The company operates through three segments, Audio Book Club, Radio Spirits, and MediaBay.com. The Audio Book Club segment, a membership-based club, sells audio books in direct mail and on the Internet. The Radio Spirits segment produces, sells, licenses, and syndicates old-time radio programs. It also broadcasts its radio programs through a syndicated radio show on commercial stations in the United States, as well as broadcasts its 24-hour radio classics channels on Sirius and XM satellite radio. The MediaBay.com segment, a media portal, offers spoken word audio content in secure digital download formats. The company caters to music services, broadband portals, cell phone, and satellite radio companies. The company distributes its products via mail order based continuity program; online download subscription service; third party Websites; and retail outlets. The company has strategic alliances with BBC, Blackstone, Brilliance Audio, CBS Radio, Harper Collins, Hay House, Oasis, Penguin Group USA Audio, Random House, Simon & Schuster, Sound Room Publishers, Time Warner Audio, and Zondervan. The company was formerly known as Audio Book Club, Inc. and changed its name to MediaBay, Inc. in October 1999. The company was founded in 1993 and is
2 Ridgedale Avenue
Cedar Knolls,
NJ
07927
United States
Phone:
973-539-9528
Exchange: NASDAQ
Country: US
Currency: US Dollar ($)
GIC Sector: | Consumer Discretionary |
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GIC Group: | Retailing |
GIC Industry: | Internet & Direct Marketing Retail |
GIC Sub-Industry: | Internet & Direct Marketing Retail |
Forward PE: | 0 |
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Trailing PE: | 0 |
Price-to-Book MRQ: | 0 |
Price-to-Sales TTM: | 0.0002 |
IPO Date: | 1997-10-23 |
Fiscal Year End: | December |
Full Time Employees: | 27 |