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Article: Liquid Audio and Liquid Audio Japan Terminate Agreements.
- Article from:
- PR Newswire
- Article date:
- July 11, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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REDWOOD CITY, Calif., July 11 /PRNewswire/ --
Liquid Audio, Inc. (Nasdaq: LQID) today announced it has agreed with Liquid Audio Japan to mutually terminate the licensing and reseller agreements between the two companies. As a result, Liquid Audio Japan will rename the company and no longer distribute Liquid Audio's technology nor utilize the Liquid Audio digital distribution platform to offer services to the Japanese music market. In addition, Robert Flynn, senior vice president of Business Development at Liquid Audio, Inc. and Chris Park, vice president of Asia Pacific Operations for Liquid Audio, Inc. have both resigned from Liquid Audio Japan's Board of ...