ARTISTdirect, Inc. is a digital media company, which engages in the provision of online music network. The company is headquartered in Santa Monica, California and currently employs 68 full-time employees. The IPP segment is operated by MediaDefender, Inc. MediaDefender’s suite of IPP solutions offer protection on major peer-to-peer (P2P) file-sharing networks. Media operations include content-oriented Websites, a network of third-party music sites and other marketing initiatives. E-commerce operations consist of the sale of recorded music and artist-related merchandise on its Websites. The firm's media segment and e-commerce segment accounted for 36% and 3% of its revenue during the year ended December 31, 2008. The IPP segment accounted for approximately 64% of the Company’s revenue during 2008.
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As of August 2026, Peer Media Technologies Inc ARTD is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Peer Media Technologies Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Peer Media Technologies Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Peer Media Technologies Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Peer Media Technologies Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Peer Media Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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