ANN ARBOR, Mich., May 22, 2006 (PRIMEZONE) -- All Media Guide (AMG), the premier technology and content database provider for exploring music, movies, and games, today announced the closing of its acquisition of MoodLogic, Inc., the provider of the most advanced technologies and software for music organization, playlisting, and recommendation. AMG is an affiliate of The Yucaipa Companies.
The combined assets of AMG and MoodLogic have created the first, one-stop data and technology services vendor for consumer electronics manufacturers, entertainment software houses, and content service providers. The companies' joint capabilities include: CD, DVD and music file recognition; rich metadata at the artist, album and song level; personalized recommendation services; mood and theme-based playlisting; album art clip streaming; and in-depth editorial content. The combination of data analytics and mining technologies provides high data coverage and accuracy that is scalable internationally.
"With this acquisition, we have enhanced AMG's ability to fulfill its core mission: to enable individuals to discover music, movies and games by providing insightful editorial content and comprehensive metadata," said Ron Burkle, Managing Partner of The Yucaipa Companies. "The acquisition of MoodLogic strengthens AMG's ability to serve its expanding customer base."
"Social content plays a tremendously important role in the creation and distribution of all types of media. We are pairing our expert editorial and biographical content with community-generated analysis and reactions," said Karl Ryser, President of AMG. "MoodLogic's ability to normalize, organize, and clean this feedback through advanced data mining technologies is unmatched. These two information sources, combined with MoodLogic's advanced playlisting technologies and AMG's media recognition technologies, now form the basis of the next generation in content management systems."
"The consumer's experience is only as good as the metadata that powers that experience. From the founding of the company, MoodLogic's vision has been to enable a fundamentally new and personal digital music experience," said Tom Sulzer, President and CEO of MoodLogic. "AMG has long been known as the leading expert in the entertainment information delivery space: recognized for clean, standardized data and insightful editorial information. AMG and MoodLogic are in a unique position to help consumer electronics companies raise the bar and create a new generation of intelligent devices."
Specific terms of the acquisition agreement were not disclosed. MoodLogic will maintain its current headquarters located in San Francisco.
About MoodLogic, Inc.
MoodLogic, Inc. develops technology solutions that enable audio device manufacturers to provide superior entertainment experiences to their consumers. The company produces digital music management, navigation and playlist generation technologies using its proprietary database of song metadata. Developed by leading music taxonomists and statisticians, MoodLogic's technologies use genre, artist, tempo, release year and mood data to create a compelling digital music interface with automatic music organization, effortless mix generation, ID3 tag fixing and file management. MoodLogic licenses its technology services to consumer electronics manufacturers, software jukebox providers, and music services.
About All Media Guide
All Media Guide (AMG), based in Ann Arbor, Michigan, is the leading authority on music, movies and games. Since 1991, the company has provided comprehensive content and technologies to support the physical and digital distribution of entertainment media. With thousands of musicologists, film historians, and game specialists contributing over the years, AMG has created the industry's cleanest, most in-depth database of information and original editorial content. AMG content and technologies are licensed by leading consumer electronics manufacturers, retailers, and Internet sites. For more information please visit www.allmusic.com, www.allmovie.com and www.allgame.com.