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Karaoke Social Networking Site Redkaraoke.com Launches in the U.S.
Pioneering European Online Karaoke Website Introduces a Free English Language Site With the Largest Song Catalogue on the Internet
| Source: Red Karaoke
SAN FRANCISCO, CA--(Marketwire - June 24, 2008) - Red Karaoke, the premier European karaoke
website, today launched its English language version in the United States,
at www.redkaraoke.com. Red Karaoke is a free social network for music
lovers, offering more than 14,000 songs for karaoke enthusiasts, and tools
that enable users to interact with the site as well as with other members.
Numerous features allow users to record their own video and audio files,
personalize each song, and share these newly-created karaoke files,
building a potentially unlimited song catalogue.
Originally launched as a Spanish language site in April 2007, Red Karaoke
currently has more than 400,000 users worldwide. With the launch of the
English language version, the music-based social network intends to
continue growing its audience globally.
RedKaraoke.com offers users a variety of tools, such as the innovative
"plug & sing" technology. To get started users only have to plug a
microphone into their computer, and within seconds they can create their
own recording. If their computer is equipped with a video camera, they can
also create their own video recording. Users can submit their recordings to
compete against others for top spots in the Red Karaoke Rankings, or simply
share them with friends and family. RedKaraoke.com also offers an exclusive
"Tone Control Tool" which lets users adapt the music to their voice,
allowing them to sing every song, no matter how challenging.
Red Karaoke has rights agreements with copyright management companies and
leading music publishers worldwide, and the company is affiliated with
ASCAP and BMI. Red Karaoke's recording technology is patent pending.
According to Miguel A. Díez Ferreira, CEO of Red Karaoke, "With our arrival
in the U.S. and the launch of our English language karaoke site, we are
building on the original idea, which was to find a new and fun way for Web
users to socialize through singing with friends, no matter where they are.
It proves that our small, Spanish-born company has been able to continue to
grow. With Red Karaoke, our users become the real stars of what they enjoy
most: music."
The Power of Social Networking
Red Karaoke's growth lies in a very simple concept: in this specialized
social network, users are the central players. The social network of song
lovers on Red Karaoke has reached over 650,000 monthly visits and it boasts
a database of more than 14,000 songs -- built entirely on the contributions
made by the network's members. Thanks to its exclusive technology, which is
based on the MIDI files used by professionals, users can sing the songs of
their favorite artists, or even share their own pieces. In short, this
social network allows users the opportunity to see and be seen, while also
being part of a unique, interactive experience in the music world.
Following on their successes in Spain and Europe, and after the North
American launch, the company also has plans to expand into other markets,
including Asia.
The online service, which is completely free-of-charge, generates revenue
with the sale of advertising space along with strategic sponsorships and
special activities.
About Red Karaoke
Red Karaoke, the only online karaoke in Spanish and a European leader in
terms of audience volume, is a registered trademark of Spanish company
Planeta Red S.L., a company offering online karaoke music services to
users. The company is headquartered in Madrid, with offices in Lardero (La
Rioja) in Spain, and Baltimore and San Francisco in the U.S. The venture
capital fund RONDA TIC, FCR, managed by Clave Mayor, has an interest in Red
Karaoke, helping to fund the international expansion of this music-based
social network.