Posts tagged Four Major Record Labels

Apple buys Lala. Can any music startup eke out a return for investors? (via postie)

Dec 5th

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So Apple did the deed. It bought streaming music startup Lala.
AllThingsD’s Peter Kafka says it was done at a valuation reflecting Warner Music Group’s writedown earlier this spring, which means investors are lucky to get 50 cents on the dollar. The New York Times also reported that the sale was prompted by realization [...]

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Imeem — another music streaming story ends in tears?

Nov 19th

Posted by gizmodose in Hi Tech News

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If I were Spotify, I’d be paying close attention right now.
Imeem, which was one of the first music startups to work out streaming deals with all four major record labels, is going to MySpace for a bargain basement price of $1 million in cash, according to TechCrunch.
Neither company is commenting on the deal for us, [...]