Digital Music – The Future

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 Ega…

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 Ma…

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 voi…

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 20…

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, vid…