Listen in Deal with Last of Top 5 Record Companies
Independent online music company Listen.com said on Monday it had clinched a licensing deal with Universal Music, becoming the first Internet song provider to feature content from the five major record labels. Under the latest deal, Universal Music, a unit of media giant Vivendi Universal, will make its digital catalog of titles available to Listen’s Rhapsody service. Both Listen.com and another independent service, FullAudio’s MusicNow, are competing with big-label backed services known as MusicNet and Pressplay. Industry analysts have remained skeptical that any of these services will take off, particularly since until now, none of them, including MusicNet and Pressplay,… Read more »