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 Select a Player Announces $12 Million in Financing
SAN DIEGO, CA (September 21, 1999) - Global Music Network, Inc. (, the Internet’s premier site for complete live performance of classical, opera, and jazz, announced today that it has received a private placement in the amount of $12 million. will utilize a significant portion of these funds to expand its marketing, content development and acquisition, and e-commerce activities.

This financing comes on the heels of a very successful second quarter for the emerging music portal whose major achievements included:

The formation of relationships with Intel, Liquid Audio, Microsoft, Real Networks, InterVu, and CyberSource

Broadcast of the first live video of an opera in the history of the Internet from the prestigious Mariinsky Theatre (Kirov Opera) in St. Petersburg, Russia.

Addition of world-class artists to its roster including Valery Gergiev and Dr. Billy Taylor; festivals such as Mainly Mozart in San Diego, White Nights Festival in St.Petersburg, JVC Jazz Festival, and Caramoor; and venues such as Birdland in New York City. The $12 million venture financing was led by the New York-based investment bank CE Untenberg, Towbin.

“As a result of our work to date and this substantial round of finance, we are well-positioned to be the leader in the performing arts on the Internet,” said Michael Lubin, Chairman and CEO of “ We plan to re-energize the classical, jazz, and opera worlds by providing unique multimedia programming. The Hallmark of the site is the presentation of premier music performances, recorded live and offered online in their entirety, exclusively through The result is rich, multimedia entertainment characterized by artists dedicated to the quality of their music, performed with passion and creativity.”

“ has assembled an impressive line-up of world-class musicians, festivals, and venues, many on an exclusive basis,” said Steven Novak, Managing Director of CE Unterberg Towbin and a recent addition to GMN’s Board of Directors. “We see the online music community as dynamic and exciting, with GMN at the forefront of the industry. GMN’s emphasis on quality, adding value through combining entertainment and educational components to its unique content, and its e-commerce plan all differentiate it from other online music sites. I am delighted to be working with GMN.”

About C.E. Unterberg, Towbin C.E. Unterberg, Towbin, a New York and San Francisco based investment bank, specializes in advising, financing, and investing in tomorrow’s leaders today. Its business consists of investment banking, institutional sales, research, venture capital, private client services, and asset management. Over the past decade, it has managed over 100 public and private offerings, raising more than $ 7 billion and has advised clients in over 70 mergers and acquisitions valued at over $ 5.6 billion.

About Global Music Network, the leading Internet portal for classical, opera, jazz, and related music, uniquely combines a market place and a performing arts space offering the highest-quality music available to a worldwide audience online. With a family of respected artists and the latest communications technology and e-business services, provides exclusive live performances and a range of value-added content and products. offers users the means to watch specially recorded video interviews, lectures, recitals and live performances. Users also have the ability to compile tailor-made recordings through existing records or exclusive GMN recordings. is revolutionizing the classical, opera, jazz music industries by providing unique multimedia programming over the Internet.

More Press

Global Music Network (, offers, daily, the unique opportunity to experience the finest performances by leading musicians from around the globe, webcast exclusively on Read More
Thu May 25 2000

Time Magazine: Online music - Tune in to
Opera star Plácido Domingo wil announce this week in New York that he wil releae new music over the Net for Global Music Network (, a Web portal specializing in classical music, opera and jazz. Domingo will become a member of GMN`s board of di Read More
Mon Oct 4 1999

The Daily Telegraph: Domingo steps into cyberspace
Placido Domingo thinks the future of music lies with the Internet. Norman Lebrecht reports Read More
Wed Sep 29 1999

Classic FM (monthly) - Music à la modem
The way we buy music could be about to change dramatically thanks to the Internet. Stephen Pettitt looks at two new ‘MP3’ technology offers us music by phone – and for free Read More
Wed Sep 15 1999

Hong Kong Standard: `Classic Sounds`
Hong Kong Philharmonic maestro David Atherton told me in an interview recently that the big difference between computers and music was that computers were not infinite, while music is. Read More
Sat Jun 26 1999 presents first ever live opera production on the World Wide Web partners with INTERVU, Microsoft, and Real Networks to produce and distribute seven performances live from Kirov Opera Read More
Tue Jun 22 1999

San Diego Union Tribune: Magic mix: classical music and the Internet
What do you get when you cross a classical music conductor with a high-tech entrepreneur? A classic Internet business where centuries old music meets today`s technology. Read More
Wed Apr 21 1999

LONDON, April 15, 1999 — Global Music Network (, the most-recognized destination for classical music on the World Wide Web, announced today that it has secured prominent position within Microsoft’s Web Events site.
The easy way to experience classical music on the net Read More
Thu Apr 15 1999

Classical Music (monthly): `Global Warming'
Despite the wonders of the Internet, the question of protecting musicians’ rights has always been a thorny one. But now, thanks to a deal struck up with the MU, Global Music Network is set to go online. Roger Watkins reports: Read More
Sat Sep 12 1998

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