Search Results for: The Cure

Continuing its mission of bringing music fans closer to the artists they love, global music media company GetMusic kicks off a stellar summer of unique programming, live events and interactive content with extensive coverage of the two-day KIIS-FM Wango Tango music festival in Los Angeles this weekend. In addition to interviewing artists for the site, GetMusic will be the exclusive sponsor of the event’s autograph-signing tent for fans on both Saturday and Sunday, June 16 and 17. Some of today’s most popular artists are scheduled to stop by, including Dream, Eden’s Crush, Samantha Mumba, 3LW and Nikka Costa. On Monday,… Read more »

Launch announced that it will eliminate approximately 60 positions, reducing its staff levels to a total of 175 while consolidating its Santa Monica operations into one facility. Additionally, the company discontinued its European expansion plans. The company reported that net revenues for the first quarter of 2001 were $3.8 million, compared to $6.4 million for the same quarter last year. According to a company announcement, 70 percent of revenues were from advertising and 30 percent from content licensing. Launch also announced today that it has signed a non-binding term sheet providing for $5 million in a secured convertible note financing.… Read more »

MeasureCast announced that it has secured $3 million in phase one of its second round of financing, led by Seattle-based FBR CoMotion Venture Capital. The company, which offers next-day audience measurement reporting and provides the radio industry with weekly charts and the MeasureCast Internet Radio Index, plans to use the cash for product and business development, customer support, as well as sales and marketing efforts. MeasureCast raised $3.5 million in its first round of funding in April 2000 from FBR CoMotion and individual investors. “This latest cash infusion is further proof that the MeasureCast Streaming Audience Measurement Service, and its… Read more »

This song will self destruct in exactly five spins. There have been further developments from the digital rights management (DRM) front. Liquid Audio has been granted a patent for a new watermarking technology that enables rights holders to limit the use of digital content. The U.S. Patent Office yesterday awarded the company a full patent for watermarking technique, which Liquid Audio engineers invented in 1998. According to the company, the technology enables content owners to protect their music for digital delivery without sacrificing audio quality. Liquid Audio’s new watermarking technology allows content providers to define permission parameters for the use… Read more »