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Alex Arnold

CEO of Music Store BurnLounge, Target of FTC Probe, Resigns

Authored by Mark Hefflinger on June 18, 2007 - 1:42pm.

New York - BurnLounge, a service that lets fans create their own music stores that the Federal Trade Commission (FTC) last week branded a pyramid scheme and is seeking to shut down, announced on Monday that CEO Alex Arnold has resigned.

tags: Law | Music | FTC | BurnLounge | Alex Arnold | Grant Johnson |

FTC Says Digital Music Store BurnLounge is Pyramid Scheme

Authored by Mark Hefflinger on June 13, 2007 - 11:13am.

Washington - The Federal Trade Commission (FTC) has filed a complaint in a California federal court against BurnLounge, alleging the digital music store is in fact an illegal pyramid scheme.

tags: Law | Lawsuits | Music | FTC | BurnLounge | Alex Arnold |

BurnLounge Adds Social Networking Feature, Free Stores to Service

Authored by Scott Goldberg on March 14, 2007 - 7:01am.
Burnlounge logo Austin, TX – BurnLounge, a digital music service that lets customers create their own digital stores and sell music, has announced the launch of BL2, its new digital download and entertainment software, and BurnPages, a social networking feature.  The company also announced in a press release that customers will be able to open digital music stores for free, a departure from its pay-as-you-go model.
tags: Social Networking | Music | BurnLounge | Digital Music | Stephen Murray | Ryan Dadd | Alex Arnold |