Hispanic consumers in the United States have a new source for downloads. Emepe3.com, which officially launches this week, is being billed as the world's first Spanish-language, worldwide digital music

Hispanic consumers in the United States have a new source for downloads. Emepe3.com, which officially launches this week, is being billed as the world's first Spanish-language, worldwide digital music store.

"We have worldwide rights to all the music we license," says founder and CEO Andy Kleinman.

Emepe3 aims to eventually reach consumers in Latin America, who currently don't have sites from which to legally download music. But for now, Kleinman says, the site's main market will be U.S.-based Hispanics.

Emepe3 has a total of 250,000 tracks available for downloading, all from independent labels. Tracks cost 99 cents each.

The company says it is in talks with all the majors on licensing deals for the United States and other Latin territories.

Kleinman founded Emepe3 in 1999 as a music news site. For its current incarnation as digital music store, it was relaunched with a new design and format. The company, which has offices in Miami and Buenos Aires, is independently financed by a German investment group.