Briefs: AOL buys MusicNow

Nov 03, 2005

AOL said Thursday it has acquired MusicNow, a digital music subscription company.

"The MusicNow transaction allows us to super-serve our AOL members and expanding web audience with a truly best-in-class, full-service, digital music platform -- giving us the opportunity to offer an unparalleled music service," Edmund Fish, AOL's senior vice president, said in a news release. "Combined with leading programming on AOL Music, the easy-to-use features for music browsing, discovering, sharing, and purchasing of MusicNow provide a new level of customization and personalization of online music. AOL's users have been asking for these next-generation features to be a part of their music experience -- and AOL Music Now will deliver them," he added.

Founded in 1999, the Chicago-based MusicNow was purchased by Circuit City in 2004. Under the AOL ownership, the company will remain in Illinois. Financial details of the agreement were not disclosed.

Copyright 2005 by United Press International

Explore further: Social Security spent $300M on 'IT boondoggle'

add to favorites email to friend print save as pdf

Related Stories

Ex-Qualcomm exec pleads guilty to insider trading

1 hour ago

A former high-ranking executive of US computer chip giant Qualcomm pleaded guilty Monday to insider trading charges, including trades on a 2011 deal for Atheros Communications, officials said.

Media venture creates press litigation fund

1 hour ago

The media venture created by entrepreneur Pierre Omidyar said Monday it was establishing a fund to help defend journalists in cases involving freedom of the press.

'Moral victories' might spare you from losing again

2 hours ago

It's human nature to hate losing. Unfortunately, it's also human nature to overreact to a loss, potentially abandoning a solid strategy and thus increasing your chances of losing the next time around.

Recommended for you

FX says overnight ratings becoming meaningless

4 hours ago

(AP)—It's a rite nearly as old as television: the morning after a new show premieres, network executives wait impatiently for the Nielsen company's estimate of how many people watched, and rush to report ...

UK: Former reporter sentenced for phone hacking

5 hours ago

(AP)—A former British tabloid reporter was given a 10-month suspended prison sentence Thursday for his role in the long-running phone hacking scandal that shook Rupert Murdoch's media empire.

Evaluating system security by analyzing spam volume

6 hours ago

The Center for Research on Electronic Commerce (CREC) at The University of Texas at Austin is working to protect consumer data by using a company's spam volume to evaluate its security vulnerability through the SpamRankings.net ...

User comments : 0