MySpace Teams With Universal, Sony BMG & Warner For Music Endeavor
MySpace has formed a ho-hum music venture with Universal Music Group, Sony BMG Music Entertainment and Warner Music Group. Although, financial terms were not disclosed, each of the labels will reportedly own a minority stake in the endeavor. MySpace Music will offer free music and video streaming supported by advertising, paid-for MP3 downloads, ringtones for cell phones, concert ticket sales and merchandise. The backers are...
Prism Sound Acquires SADiE
Prism Sound has purchased SADiE from Studio Audio and Video Ltd. The SADiE brand name will be retained but will be rolled up into the Prism Sound business along with their interfaces and converters for the recording and broadcast markets. The acquisition marks a new chapter in the histories of both businesses. The SADiE brand has long been a part of the pro audio and broadcast industries due to its PC-based digital audio workstation...
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