GROOVE MOBILE MOVES $6MILLION Boston-area based Groove Mobile landed $6 million in a new round of funding from ORIX Venture Finance, for a total of $32 million raised. Previous investors included Egan...

Boston-based SonicBids raised $4.5 million from the Edison Venture Fund. SonicBids offers a specialized service that packages web-based artist submissions. Sonicbids was used in the Starbucks Music...

VIRTUAL SERVICE DOPPELGANGER ADDS $11 MILLION FOR KIDS Virtual-world builder Doppelganger raised $11 million from ComVentures, Draper Fisher Jurvetson, Trident Capital, Draper Richards, KPG Ventures...

ROYALTYSHARE ADDS MUSICALC San Diego-based digital media tracker RoyaltyShare acquired UK-based Musicalc. Musicalc provides royalty accounting services and software and enables RoyaltyShare to expand...

THE NIELSEN COMPANY BOUGHT TELEPHIA MEDIA RESEARCH Nielsen bought Telephia, a media research company focused on the mobile industry for an undisclosed amount. Telephia serves both mobile data and...

UNIVERSAL MUSIC PURCHASES SANCTUARY FOR $88 MILLION Sanctuary, a large independent British music company, agreed to be purchased by Universal Music Group for 44.5 million pounds, or $88.3 million US....

OVERSI CACHES $8 MILLION FOR P2P CONTENT Israel-based Oversi added $8 million in a second round of funding from Carmel Ventures, StageOne Ventures, TempoPark Fund, and Cisco. Oversi was founded in...

The web site Consumerist ran a poll for worst company in the United States. The winner was RIAA (never mind that it's not an actual company). Consumerist published the top 50 congresspeople who...

FREEHAND SYSTEMS GRABS $2 MILLION FOR DIGITAL SHEET MUSIC Freehand Systems closed grabs $2 million in a third round of capital from Vision Capital Advisors. Freehand manufactures MusicPad Pro Plus, a...

Wireless network Amp'd Mobile filed for Chapter 11 bankruptcy. Amp'd leases access to the Verizon Wireless mobile network. The company has tried to differentiate itself by providing music,...

This article is part of a series on the changing music business. 1. Weakly Album Sales 2. It's Not About the Album 3. Album Sales Are Like US Box Office 4. EMI Sale: The Continuing Destruction of...

SLACKER DRAWS $40 MILLION FOR DIGITAL MUSIC SERVICE Music service Slacker closed a $40 million second round of funding from Centennial Ventures, Rho Ventures, Austin Ventures, Mission Ventures and...

BUZZNET BUSIES UP FOR $6 MILLION LA-based Buzznet, a music-oriented social networking startup, snagged $6 million from Redpoint Ventures and Anthem Venture Partners. Buzznet started in 2005 with a...

Germany-based SellaBand takes online donations to the next level for new artists by banding together small contributions in a method it calls crowdsourcing. Artists upload a few cuts, send their fans...

TUNGLE TAMES $1.5 MILLION FOR P2P MEETINGS Tungle has secured $1.5 million of venture financing from leading Canadian venture funds JLA Ventures and Desjardins Venture Capital, and US angel Alex...

ZOPA SCORES $12.9 MILLION FOR P2P LENDING Zopa is two years old and based in Britain. Zopa specializes in P2P lending, which directly connects individual lenders and borrowers and bypasses a bank or...

9SKY COUNTS TO $10 MILLION 9Sky, an online Chinese music retailer, raised $10 million from a Taiwanese investment fund. The investment follows an earlier round with Linktone. 9Sky has an inventory of...

PASSALONG NETWORKS SCORES $10 MILLION FOR ONLINE MUSIC STORES Nashville-based PassAlong Networks provides a full ecommerce solution for online music stores. The PassAlong Networks catalog includes...

H2O AUDIO LANDS $5 MILLION FOR IPOD CASES H2O Audio in San Diego manufactures waterproof iPod cases and headphones. Steelpoint Capital Partners led the series C round. The company is expanding its...

INTENT MEDIAWORKS GETS SERIOUS WITH $10 MILLION Atlanta's Intent MediaWorks raised $10 million from Greycroft Partners, SoftBank Capital, Bertelsmann Digital Media Investments (BDMI), and Allen...