Saturday, December 26, 2009

eMusic doesn't want to look desperate or anything

Everything's great at eMusic. Oh, yes. Everything is top-hole, A1, no clouds in the sky.

I mean, obviously, , they'd sell given the chance. But, hey, that doesn't mean there's anything wrong:

EMusic CEO Daniel Stein didn't deny that the company would consider a sale.

"We're opportunistic stewards of capital," Stein said in an interview with The Post. "If an offer was made that created value for our shareholders, we'd listen to it."

He then continued "how about you? Would you like to buy us? We'd knock something off for cash. We could do a deal. I'll throw in new tyres... come back... please..."

Actually, eMusic is doing alright, but it seems to have reached a point where it won't grow much more without something extra to offer. It's thinking that extra might be a streaming service for its members, although why you'd go from not wanting eMusic stuff to own to wanting it to stream, and not going somewhere else isn't clear.

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