MusicNet Gets New Funding Worth $10 Million

In an attempt to “revive” the somewhat orphaned online music subscription service MusicNet, its founders–three of the world’s biggest record labels and RealNetworks–have invested a new tranche of cash: $10 million. “A source close to the company said the new round of funding should squash the rumors the service is for sale, showing that its partners remained committed to it.”

You're subscribed! If you like, you can update your settings

Comments have been disabled for this post