Home › DMW Daily › October 8, 2009

Digital Music Retailer Amie Street Gets $3.9 Million

Authored by Mark Hefflinger on October 8, 2009 - 8:50am.
New York - Amie Street, a digital music retailer that offers a variable pricing scheme based on demand for individual songs, has raised $3.9 million in a new round of venture capital financing, PaidContent reported, citing a regulatory filing. The round was led by Deep Fork Capital, with participation from three unnamed investors.

New York-based Amie Street offers a library of over 1.5 million tracks, which are initially available for free, but increase in price based on demand before topping out at 98 cents.

The company recently signed a deal to add Sony Music's entire catalog to its store, albeit with more restrictive pricing terms.

 

Related Links:
http://snipurl.com/sejic (PaidContent)

http://snipurl.com/sejqx (DMW previous coverage)

http://amiestreet.com

Published in DMW Daily, October 8, 2009
tags: Deals | VC | Music | Retail | Variable Pricing | Amie Street | Deep Fork Capital |



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