audiofeastProduct: AudioFeast
Description: AudioFeast delivers popular and eclectic radio program-ming
for MP3 players and PCs. The service is easy to use
and delivers 400 channels of news, sports and entertain-ment
programming, and music from genres such as pop,
jazz, R&B, and classical. AudioFeast features time-shifting
flexibility at an affordable, "all you can listen" price.
Subscribers can listen from their desktops or sync and listen
from a growing number of MP3 players.
DEMO says: MP3 players aren’t just for music any more. Serenade cre-ates
a virtual broadcast network that gathers some of the
best radio broadcast programming and makes it available
to MP3 players. In effect, the Serenade systems acts like a
sort of TiVO for radio, letting you capture and listen to
favorite radio programming when ever and where ever you
want it. The company’s lease content model gives con-sumers
a fresh flow of talk – and soon music – program-ming,
while enforcing the copyrights of the content
providers. By making it easy and affordable to fill mobile
players with an array of audio content, Serenade is open-ing
the MP3 market to a broad new demographic of older
adults.
Market Outlook: The MP3 market is exploding, but the task of securing com-pelling
programming and loading it on a portable media
player is hardly optimal for consumers. A key driver for
expansion of the MP3 market is to aid customers in their
search for content. AudioFeast creates a fast and easy pro-gramming
solution for consumers.
Funding: Privately funded by angel investors. Currently seeking
VC funding.
Competitors: Online music stores, Internet and satellite radio, and spoken
audio (i.e., Audible).
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