Sony Buys Out Bertelsmann
Sony has announced that it is buying Bertelsmann AG out of their 50-50 music venture for $900 million, giving it full ownership. It will be remaned, Sony Music Entertainment Inc. Sony is looking at music as an on-ramp to its bevy of electronic devices and is hoping that full ownership of the music content will give it an edge of Apple, who has dominated the market ever since the iPod/iTunes ecosystem debuted. In a filing with the...
Koblo Reinvents Itself Around Community Web 2.0 Model
Koblo is attempting to re-establish itself by developing a Web 2.0 community site and releasing an open source digital audio workstation. Integral to DAW and the community site will be an online marketplace where plug-ins, tracks and complete projects can be bought and sold. This marketplace will be available to all members of the community sell songs, loops and beats, plug-ins. In the near future via the Koblo Studio, users will be...
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