Muze Acquires U.S. Assets of Loudeye for $11 MillionAuthored by dmw on May 1, 2006 - 7:13pm.
New York - Muze, a provider of informational databases on music, movies, books and video games, announced on Monday that it has acquired the U.S.-based services and operations of Loudeye for $11 million in cash. Seattle-based Loudeye offers digital media services including encoding and streaming song samples offered on retail websites including Amazon.com; in Europe, its OD2 unit also operates a number of digital music stores on behalf of various retailers. New York-based Muze offers its informational databases in retail music store kiosks, and also online through Best Buy, eBay, Virgin Music and Yahoo.
http://biz.yahoo.com/prnews/060501/nym063.html?.v=41 http://www.loudeye.com http://www.muze.com |
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