Entertainment information services provider Muze has agreed to acquire troubled B2B digital media company Loudeye's U.S. service and operations for $11 million in cash. The assets include Loudeye's Web and mobile digital music commerce services. Some of Loudeye's mobile music subscription services include O2 Germany, AT&T Wireless, Cingular's mMode MusicStore and BurnLounge. The acquisition also includes Loudeye's encoding services, which claim EMI Music as a customer.
For more on Muze's acquisition of Loudeye's U.S. assets:
- see this press release [1]
Links:
[1] http://www.loudeye.com/en/news/release.asp?pressreleaseid=281