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Wednesday, 01/07/2004 3:41:56 PM

Wednesday, January 07, 2004 3:41:56 PM

Post# of 93819
Apple Computer Inc And Garageband.com Agree To Share Name

Garageband.com, the internet's largest legal source of free MP3 music, and Apple Computer have signed an agreement to share the name "GarageBand." The deal was signed in April 2003 but kept confidential by both parties until now. (for those who still wonder...)

Apple Computer has paid Garageband.com a one-time fee in order to use the name "GarageBand" for its music-creation software, part of the Apple iLife suite launched this week. Garageband.com ( http://www.garageband.com ) will otherwise retain its original rights to use the name for a vast range of products and services.

"We have tremendous respect for Apple's vision and leadership in the digital music space," said Ali Partovi, CEO of Garageband.com. "We've always shared their goal of empowering musicians, and today we're excited to share with them our name. Now, any musician can create music on Apple's state-of-the-art GarageBand software and promote their recordings on Garageband.com's award-winning web services."

At http://www.Garageband.com, ordinary listeners determine which songs make it to the top, and over 200,000 independent musicians compete for radio airplay (and coming soon, digital distribution on download services like Apple's iTunes music store).

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