|By Business Wire
|May 22, 2014 08:03 AM EDT
Viggle Inc. (NASDAQ:VGGL), the entertainment marketing and rewards
platform that includes the Viggle, NextGuide and Wetpaint brands,
announced the launch of its Viggle Music discovery service, introducing
a new way for Viggle Members to earn and use Viggle Points. With Viggle
Music, users are now able to earn Viggle points for identifying a song
and additional points for buying that song. In conjunction with the
expanded music service, Viggle has also launched Viggle Store–a rewards
destination where members can redeem their Viggle Points for music
Powered by GracenoteMusicID®, Viggle Music works much like Viggle for TV
in that it recognizes and identifies the music playing from any source,
serving up the name of the song, artist and album cover art. The
technology allows users to simply hold their device, launch the “check
in” button and match a few seconds of tracks to its unique audio
fingerprint in its database. As part of the Viggle Rewards platform -
and unlike any other music identification service in the market - users
receive Viggle Points for every song they match or buy.
The adoption of the Viggle Music service has been widespread since its
inception with over 39 million songs matched. Between May 1 and May 18,
more than 100,000 Viggle members have already matched 5.1 million songs.
The Viggle Store now makes it possible for members to redeem points they
earn for listening to music for downloads of their favorite songs and
“The mission of Viggle is to be the leading mobile entertainment
discovery and rewards company, and the introduction of Viggle Music
takes our vision to new heights,” said Greg Consiglio, president and COO
of Viggle Inc. “We’re providing new and existing members the opportunity
to earn more rewards, while our advertising partners will be able to
utilize the music service to extend their targeting to both verified TV
and music audiences.”
“Music discovery happens all around us and Gracenote’s recognition
technology will help millions of Viggle users now identify and connect
with new music and old favorites in a very innovative way,” stated Ty
Roberts, chief strategy officer of Gracenote. “With Gracenote’s MusicID,
Viggle Music adds a new facet to the typical music recognition
experience, providing users with rewards and incentives for every song
they identify and match.”
Viggle Music and the Viggle Store are the latest editions to the Viggle
Platform which includes Wetpaint, a leading entertainment destination
for creating, curating and sharing the best entertainment content and
NextGuide which helps TV networks reach and engage their audiences and
the Viggle app which rewards its members for watching their favorite TV
shows as well as discovering new music.
About Viggle Inc.
Viggle is an entertainment marketing and rewards platform whose
app rewards its members for watching TV shows and discovering new music.
The Viggle mobile app has over 4 million users. Since its launch,
Vigglers have redeemed over $18 million in rewards for watching their
favorite TV programs and listening to music. In addition, Viggle
operates Wetpaint, which offers entertainment and celebrity news online.
Viggle also operates Dijit Media, maker of technology that helps
consumers search for, find, and set reminders for TV shows and movies.
For more information, visit www.viggle.com
or follow us on Twitter @Viggle.
Gracenote, Inc. provides music and video content and technologies to the
world’s hottest entertainment products and brands. Gracenote is the
industry standard for music and video recognition and is supported by
the largest source of music and video metadata, featuring descriptions
of more than 180 million tracks and TV listings for 30+ countries.
Gracenote is a subsidiary of Tribune
Company and has offices in Tokyo, Munich, Berlin, Seoul, Taipei and
San Francisco with worldwide headquarters in Emeryville, Calif. For more
information, visit our website www.gracenote.com
or follow us at @GracenoteTweets
Gracenote is a registered trademark of Gracenote, Inc. All other names
are trademarks and/or registered trademarks of their respective owners.
This press release may contain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, and as
defined in the U.S. Private Securities Litigation Reform Act of 1995.
These forward-looking statements involve inherent risks and
uncertainties that could cause actual results to differ materially from
those projected or anticipated. All information provided in this press
release is as of May 22, 2014. Except as required by law, Viggle Inc.
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise, after the date on which the statements are
made or to reflect the occurrence of unanticipated events.
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