DMXJustice Dept. Approves Merger of Muzak and DMXAuthored by Mark Hefflinger on April 8, 2008 - 7:18am.
Fort Mill, S.C. - Muzak and DMX, two providers of business music and media services, announced on Tuesday that they have received word that Justice Department's antitrust division has approved their proposal to merge and sell the combined company to a third party. Bodog Music Label Signs Hip-Hop Artist DMXAuthored by Mark Hefflinger on December 19, 2007 - 9:55am.
Vancouver, Canada - Bodog Music, the record label unit of Web gambling firm Bodog Entertainment, announced on Wednesday that it has signed hip-hop artist DMX to its roster. The first album from DMX with Bodog will be the forthcoming "Walk With Me Now and You'll Fly With Me Later." Other artists signed to Bodog Music include Wu-Tang Clan and Bishop Brigante. MusicNet, DMX Partner on Sonic Tap Music Subscription ServiceAuthored by Mark Hefflinger on August 1, 2007 - 2:39pm.
New York - MusicNet, the music distribution unit of MediaNet Digital, said on Wednesday that it has partnered with DMX, a provider of music for commercial businesses and cable TV networks, to create a digital music subscription service and download store that also lets users access music collections on both PCs and portable devices. The Sonic Tap service will be powered by MusicNet, which counts a catalog of 4.5 million tracks, while DMX will offer its commercial customers the ability to provide brand-centric digital music services. Muzak, DMX Seek Antitrust Approval for Potential MergerAuthored by Mark Hefflinger on April 13, 2007 - 12:57pm.
Fort Mill, S.C. - Muzak and DMX, two providers of background music and other services for businesses, announced on Friday that they are contemplating a future consolidation or combination, and have sought federal antitrust clearance for such a transaction. Bankrupt Digital Music Provider DMX Music Sold to THP CapstarAuthored by Mark Hefflinger on February 14, 2005 - 10:44am.
Los Angeles -- DMX Music, a unit of Liberty Media that provides digital music and video to digital cable, satellite and other services, announced on Monday that it has filed for bankruptcy protection, and will be acquired by private investment firm THP Capstar for an undisclosed sum. Los Angeles-based DMX, which also secured $10 million in debtor-in-possession financing, said it would entertain better offers and expects a sale of the company to be completed within three months. "Completing the sale through a Chapter 11 filing will allow us to significantly reduce our debt and undertake an orderly transition to our new owners," said DMX Music president and CEO Mark D. Rozells. "Under THP Capstar's ownership, the business will be able to capitalize on its leading market position, proprietary technology and significant operational improvements made since 2002, while having greater access to financial resources necessary to support our future growth." DMX Music provides commercial-free digital music channels to cable and satellite TV firms, as well as to many retail stores, and to airlines for in-flight entertainment.
Digital Music Distributor DMX Music Gets $10 Million from Liberty MediaAuthored by Mark Hefflinger on April 3, 2003 - 3:18am.
Los Angeles -- DMX Music, a provider of digital music programming via satellite, digital cable, aircraft and the Internet, announced on Thursday that it has received a $10 million investment from parent company Liberty Media. The company will use the financing to further build its infrastructure and for working and growth capital to continue its expansion. Los Angeles-based DMX Music distributes its digital music and video programming services worldwide to more than 10 million homes, 180,000 businesses and 30 airlines.
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