Music Deals

Live Nation Completes $354 Million Purchase of House of Blues

Authored by Mark Hefflinger on November 6, 2006 - 7:47pm.

Los Angeles - Live Nation, one of the nation's largest concert promoters and venue owners, announced on Monday that it has completed its $354 million acquisition of House of Blues.

The U.S. Department of Justice cleared the acquisition on Oct. 27. With the completed deal, Live Nation, a spinoff from radio giant Clear Channel, now owns, operates or has booking rights for more than 170 venues, including House of Blues-branded venues.

Cingular Launches Mobile Music Subscription Service

Authored by Mark Hefflinger on November 2, 2006 - 2:07pm.

Atlanta - Wireless network operator Cingular on Thursday launched Cingular Music, a new mobile music service that will include subscription-based offerings from Napster, XM Satellite Radio, Yahoo Music and eMusic.

WSJ: Cingular to Team With Yahoo, Napster, eMusic on Mobile Service

Authored by Mark Hefflinger on November 1, 2006 - 2:34pm.

New York - Mobile network operator Cingular Wireless is set to announce partnerships with Napster, Yahoo, eMusic and XM Satellite Radio that will greatly expand its mobile music service offering, The Wall Street Journal reported on Wednesday.

Snocap Licenses Indie Distributors Including The Orchard, CD Baby

Authored by Mark Hefflinger on October 31, 2006 - 2:39pm.

San Francisco - Snocap, the digital music licensing, copyright management and distribution service launched by Napster founder Shawn Fanning, announced on Tuesday new licensing deals with a number of independent music companies.

eMusic to Distribute Tracks from Victory Records

Authored by Mark Hefflinger on October 27, 2006 - 2:32pm.

New York - Digital music service eMusic announced on Friday that it has signed an agreement to distribute tracks from independent label Victory Records. The Chicago- and London-based label's artists include Hawthorne Heights, Taking Back Sunday, Earth Crisis and Hatebreed.

The Orchard to Distribute Digital Scores, Soundtracks for Lionsgate

Authored by Mark Hefflinger on October 23, 2006 - 1:44pm.

New York - The Orchard, a provider of digital distribution and marketing services for independent music, announced on Monday an agreement with indie film studio Lionsgate, to digitally market and distribute soundtracks and scores from the company's library of movies and TV shows. Among the releases to be offered through The Orchard are the soundtracks to the film "Employee of the Month" and TV series "Weeds."

FreeHand Systems Acquires Electronic Courseware Systems

Authored by dmw on October 16, 2006 - 1:06pm.

Los Altos, Calif. - FreeHand Systems, a Los Altos-based provider of digital sheet music products and services, said on Monday that it has completed its acquisition of Illinois-based Electronic Courseware Systems (ECS), a privately held computer software developer and publisher of music and music education products. Financial terms of the deal were not disclosed.

'Net-Connected Digital Jukebox Maker Ecast Raises $20 Million

Authored by Mark Hefflinger on September 25, 2006 - 1:27am.

San Francisco - Ecast, a maker of Internet-connected digital jukeboxes for bars and restaurants, announced on Monday that it has raised $20 million in a new round of venture capital financing. Focus Ventures led the investment round; previous investors Mobius Venture Capital, Crosslink Capital, DCM and El Dorado Ventures also participated. Founded in 1999, Ecast operates a network of more than 8,000 Internet-connected digital jukeboxes. The company will use the funds to expand its sales channel, target new markets, increase research and development and to supplement sales and marketing efforts.

YouTube Strikes Major New Partnership with Warner Music

Authored by Mark Hefflinger on September 18, 2006 - 1:37pm.

San Mateo, Calif. - YouTube, the popular site that allows people to watch and share original videos, said on Monday that it has signed a major new deal with Warner Music Group. Under the agreement, YouTube will distribute music videos from Warner's roster of artists, as well as behind-the-scenes footage, artist interviews, original programming and other special content. YouTube users also will be able to incorporate music from Warner's catalog into the videos they create and upload onto the site. The two companies will share advertising revenue from both the music videos and user-uploaded content incorporating Warner's audio. Warner's music and other content will launch on the site simultaneously with YouTube's new content identification and royalty reporting system, expected go live by the end of this year.

Warner Licenses Tracks for Qtrax Ad-Supported, Free File-Sharing Service

Authored by Mark Hefflinger on September 18, 2006 - 1:25pm.

New York - Warner Music Group announced on Monday that it has licensed its tracks for streaming and limited downloading on Brilliant Technologies' Qtrax, an ad-supported free file-sharing network. Qtrax has also licensed songs from EMI, BMI and the Association of Independent Music. "The Qtrax service represents an innovative business model, one that offers our artists another way to reach fans using the potential of peer-to-peer technology while ensuring they are fairly compensated for the use of their work, said George White, senior vice president of strategy and product development for WMG. The Qtrax ad-supported file-sharing service -- which will use audio fingerprinting technology from Audible Magic to ensure only licensed tracks are shared -- is scheduled to launch in beta later this year.

SpiralFrog Licenses EMI Music Publishing for Ad-Supported Download Service

Authored by Mark Hefflinger on September 6, 2006 - 5:36pm.

New York - SpiralFrog, a start-up digital music service that plans to offer free songs supported by advertising, announced on Wednesday that it has licensed EMI Music Publishing's catalog for legal downloading in the U.S.

Universal Songs Licensed to SpiralFrog Ad-Supported Download Service

Authored by Mark Hefflinger on August 29, 2006 - 1:37pm.

New York - SpiralFrog, an advertising-supported free music download service, announced on Tuesday that it has licensed major label Universal Music Group's catalog for inclusion on its service in the U.S. and Canada.

Digital Rights Agency to Distribute K-tel Catalog

Authored by Mark Hefflinger on August 22, 2006 - 11:54am.

San Francisco - Digital Rights Agency, a digital music distributor, announced on Tuesday that it has signed an agreement with Dominion Entertainment to distribute the K-tel International catalog to online and mobile retailers.

EMI in Deal to Preload Music Videos on Microsoft's Zune Player

Authored by Mark Hefflinger on August 18, 2006 - 11:52am.

New York - Major record label EMI this week announced a deal with Microsoft to distribute its music videos pre-loaded on Microsoft's forthcoming Zune portable digital media player.

Ruckus Lands $13.7 Million, Names Ex-Napster Exec as CEO

Authored by Mark Hefflinger on August 7, 2006 - 3:32pm.

Herndon, Va. - Ruckus, a provider of digital entertainment services to college students, said on Monday that it has landed $13.7 million in its second round of funding and named Michael Bebel, the former COO of Napster, as its CEO.

Avid Acquires Music Software Developer Sibelius for $23 Million

Authored by Mark Hefflinger on August 2, 2006 - 1:32pm.

Tewksbury, Mass. - Avid Technology, a manufacturer of digital video editing equipment and software, has acquired Sibelius Software, a London-based provider of music software, for $23 million. Sibelius' products are for professionals, educators and students who want to use computers to write, teach or learn music. The company will operate as a business unit of Avid's audio division.

GarageBand.com Lands $2.5 Million to Launch "iLike" Service

Authored by Mark Hefflinger on July 26, 2006 - 5:47pm.

San Francisco - GarageBand.com, a San Francisco-based independent music community, said on Wednesday that it has raised $2.5 million in its first round of funding, led by Khosla Ventures and partner David Weiden.

XM Satellite Radio Signs New Five-Year Deal With ASCAP

Authored by Mark Hefflinger on July 25, 2006 - 1:31pm.

Washington - XM Satellite Radio said that it has signed a new five-year music licensing deal with the American Society of Composers, Authors & Publishers (ASCAP).

Pump Audio to License 130,000 CD Baby Artists for Productions

Authored by Mark Hefflinger on July 24, 2006 - 5:58pm.

Hudson Valley, N.Y. - Pump Audio, a provider of licensed independent music for film, TV and advertising productions, announced on Monday that it has partnered with CD Baby, the largest retailer of independent music on the Web.

Gracenote, Music Publishers to Bring Song Lyrics to Online Stores

Authored by Mark Hefflinger on July 14, 2006 - 12:22pm.

Emeryville, Calif. - Gracenote, a provider of a database of music information and CD identification services, announced this week that it has signed agreements with the major music publishers for the rights to distribute song lyrics online.

Live Nation Completes $354 Million Purchase of House of Blues

Cingular Launches Mobile Music Subscription Service

WSJ: Cingular to Team With Yahoo, Napster, eMusic on Mobile Service

Snocap Licenses Indie Distributors Including The Orchard, CD Baby

eMusic to Distribute Tracks from Victory Records

The Orchard to Distribute Digital Scores, Soundtracks for Lionsgate

FreeHand Systems Acquires Electronic Courseware Systems

'Net-Connected Digital Jukebox Maker Ecast Raises $20 Million

YouTube Strikes Major New Partnership with Warner Music

Warner Licenses Tracks for Qtrax Ad-Supported, Free File-Sharing Service

SpiralFrog Licenses EMI Music Publishing for Ad-Supported Download Service

Universal Songs Licensed to SpiralFrog Ad-Supported Download Service

Digital Rights Agency to Distribute K-tel Catalog

EMI in Deal to Preload Music Videos on Microsoft's Zune Player

Ruckus Lands $13.7 Million, Names Ex-Napster Exec as CEO

Avid Acquires Music Software Developer Sibelius for $23 Million

GarageBand.com Lands $2.5 Million to Launch "iLike" Service

XM Satellite Radio Signs New Five-Year Deal With ASCAP

Pump Audio to License 130,000 CD Baby Artists for Productions

Gracenote, Music Publishers to Bring Song Lyrics to Online Stores

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