New York - Music Nation, an artist development company that hosts online music video competitions, announced on Tuesday that it has raised $5.5 million in its first round of venture capital financing, led by Greylock Partners and Point Judith Capital.
New York - Music Nation on Thursday announced plans to launch an online music video contest that will award three winners a recording contract with Sony BMG's Epic Records. Beginning in mid-November, musicians and bands can submit their music videos in Rock, Pop or Urban genres at MusicNation.com, or through local Clear Channel radio station websites. Entries received after Jan. 1, 2007 will require a $25 entrance fee.
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