Los Angeles, CA (March 9, 2004)–The assets of former online music purveyor MP3.com will be auctioned off this week by technology auction company Cowan Alexander, LLC. The MP3.com Web site domain was sold by Vivendi Universal USA, a subsidiary of Vivendi Universal, to San Francisco-based CNET Networks in November 2003. The auction will be held tomorrow and Thursday, March 10 and March 11, both in the former MP3.com corporate offices located at 4780-4790 Eastgate Mall in San Diego, and simultaneously through an Internet webcast. The auction begins at 10 AM PST.
A preview and inspection of auction items is being held at the same location from 9 AM to 5 PM PST yesterday March 8, and today, March 9. A photographic catalog is currently available online at www.cowanalexander.com.
“The MP3.com Webcast asset auction represents the end of the ruptured Internet bubble and symbolizes a public upswing in the technology economy,” said Don Cowan, president of Cowan Alexander. “We have witnessed a drop of nearly 70 percent in dot-com auction activity from the heydays of 1999-2003.”
Auction items to be sold include a Mackie SRM 450 active sound reinforcement monitor system with stand, Mackie 1604-VLZ Pro 16-channel mic/line mixer with premium XDR mic preamplifiers, a Mackie 24x8x2 8-bus mixing console, User Interface, and a Yamaha Pro Mix 01 with MOTU MIDI Express. Other equipment to be auctioned includes a Genelec 1030A bi-amplified monitoring system, JBL EDN Power IO power speaker, Mackie SRS1500 active subwoofer, Digidesign Pro Tools software and 888 24 I/O 8-channel interfaces, and Waves Gold Bundle. Gear from PreSonus, Lexicon, MOTU, Aardvark, Glyph and Furman are also among equipment for sale.
Loads of other digital audio and video production and editing equipment, LCD projectors, networking equipment, hundreds of computer servers from Sun, Compaq, Hewlett-Packard, Dell, and Clarion EMC Storage Arrays, and more are up for sale during the auction. For a complete catalog of items, please visit www.cowanalexander.com.