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Probex Successfully Closes on $12.5 Million Financing

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Yahoo! Chat Features Digital Music Discussion With EMusic CEO, Indie
Label Head, & They Might Be Giants Guitarist=Share Opinions on the Future of
Independent Music, MP3 & Napster

REDWOOD CITY, Calif., Dec 13, 2000 /PRNewswire via COMTEX/ -- EMusic.com Inc.,
a leading seller of downloadable music, today announced a one-hour public 
forum
to discuss the artistic and financial impact of MP3s and Napster on 
independent
record labels and musicians. All interested parties are invited to 
participate:

"MP3 & Napster: An Indie Label and Artist Perspective"

Date: Thursday, December 14

Time: 1:00 p.m. PST

Location: Yahoo! Chat
(http://chat.yahoo.com/c/events/info/2000/12/14/121400napster.html)


Panelists:
-- John Flansburgh, guitarist for They Might Be Giants, a popular
independent rock band
-- Gene Hoffman, EMusic president & CEO
-- Jeff Price, EMusic's senior director of music development & founder of
SpinART Records, an independent record label

"There is obviously a lot of confusion and emotion over the issues around
downloadable music," says Hoffman. "We hope that opening this dialog will help
music fans better understand how the music business works -- especially for
independent record labels and artists. If both fans' and artists' rights are
mutually-respected, we believe MP3s offer a great opportunity for these
'middle-class' musicians, their music, and their fans."

About EMusic.com

www.EMusic.com is a Web site for purchasing music conveniently and 
inexpensively
in the MP3 format. Through direct relationships with leading artists and
exclusive licensing agreements with over 600 independent record labels,
EMusic.com offers an expanding collection of over 140,000 tracks for purchase 
--
individual tracks for 99 cents each, or entire downloadable albums for $8.99.
The site also offers "EMusic Unlimited," a revolutionary new music discovery
service that allows fans to download as much music as they desire for as 
little
as $9.99 a month.

EMusic.com features top artists in all musical genres, such as Alternative 
(They
Might Be Giants, Bush, Violent Femmes, Tom Waits), Punk (Green Day, Pennywise,
Rancid, NOFX), Rock (Phish, Elvis Costello, Creedence Clearwater Revival), 
Jazz
(John Coltrane, Dizzy Gillespie, Louis Armstrong), Blues (John Lee Hooker, 
B.B.
King, Buddy Guy), Electronic (DJ Spooky, Sasha & Digweed), Hip Hop (Kool 
Keith,
Blackalicious, The Coup), Country (Kenny Rogers, Willie Nelson, Patsy Cline),
World (Nusrat Fateh Ali Kahn, Lee 'Scratch' Perry) and Popular Vocalists (Liza
Minnelli, Eartha Kitt, Judy Garland).

Since it was founded in January 1998, EMusic (Nasdaq: EMUS) has established
itself at the forefront of how music will be discovered, delivered and enjoyed
in the next decade. In addition to having the Internet's largest catalog of
downloadable MP3 music available for purchase, EMusic operates one of the most
popular families of music-oriented Web sites -- including RollingStone.com,
EMusic.com, DownBeat.com and IUMA. The company is based in Redwood City,
California, with regional offices in Chicago, Los Angeles, New York and
Nashville.

NOTE: EMUSIC is a registered trademark and EMUSIC.COM is a trademark of
EMusic.com Inc.

Any forward-looking statements contained in this release involve a number of
uncertainties, risks and other factors which may cause the actual results,
performance or achievements expressed or implied by such forward-looking
statements to materially differ. Factors that could cause actual events or
results to differ materially include, among others, those set forth in the
Company's S.E.C. reports.

SOURCE EMusic.com Inc.


CONTACT:          Steve Curry of EMusic.com, 650-216-0278, or 
scurry@emusic.com

URL:              http://www.emusic.com
http://www.prnewswire.com

(C) 2000 PR Newswire.  All rights reserved.

-0-


KEYWORD:          California
INDUSTRY KEYWORD: MLM
ENT



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