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Guvera Gets $20 Million for Ad-Supported Music Downloads
New York
- Guvera, an Australia-based, ad-supported music search and download service,
has raised $20 million in new funding, CEO Claes Loberg told TechCrunch.
Information
on participating investors...
OiNK File-Sharing Network Admin Found Not Guilty
London - A U.K. court jury has voted
unanimously to acquit the administrator of music file-sharing network OiNK on
charges of "conspiracy to defraud" the recording...
Avnera Raises $10 Million for Advanced Audio Chips
Beaverton,
Ore. - Avnera, a developer of
high-fidelity audio chips for consumer electronics, said on Friday that it has
closed a new $10 million, fourth round of...
Vevo Overtakes MySpace Music in U.S. Web Traffic
Reston, Va. - Vevo, the new music video portal joint
venture between Universal Music, Sony (NYSE: SNE) Music and Abu Dhabi Media Company,
surpassed MySpace Music in...
Ad-Supported Download Site FreeAllMusic Licenses EMI
Los Angeles
- Major record label has joined Universal Music in licensing its tracks to Free
All Music, a new ad-supported music site, Billboard reported. The...
Slacker Web Radio Service Launches in Canada
San Diego - Slacker, the
personalized streaming radio service, announced on Thursday that it is now available
in Canada, although under
somewhat different terms than it is...
eMusic Parent Sweetens Bid for Control of The Orchard
New York - Dimensional Associates, the private equity arm of
JDS Capital that owns digital music service eMusic, has sweetened its bid to
acquire the rest...
Band Using Fan-Funded Site Slicethepie Signed to Atlantic
London - Scars on 45, a U.K.
band that used fan-funded recordings site Slicethepie, has signed a multi-album
deal Warner Music Group's (NYSE: WMG) Atlantic Records/Chop Shop...
U.K. Copyright Bill Sees Amendments, Proposal From Labels
London - A provision that
would have empowered U.K.
ministers to change copyright law to address new technologies used for
infringement has been stricken from a sweeping...
RealNetworks CEO Rob Glaser Steps Down
Seattle
- Rob Glaser announced on Wednesday that he has stepped down as CEO of
RealNetworks (NASD: RNWK), the media delivery technology company he founded in...