MP3.com’s Music Licensing Business Lives

MP3.com’s former CTO and another entrepreneur try to keep the company’s royalty licensing program, known as TrueSonic, alive as an independent business….

Today, TrueSonic—a new company founded by Daniel O’Neill, the former CTP for MP3.com, and Joseph Tebo, an independent investor–announced it had acquired the TrueSonic brand and related assets from MP3.com, a wholly owned subsidiary of Vivendi Universal Net USA.

Launched in 2002, the TrueSonic service provides digital music programming using the Internet to businesses, including offices, retailers and restaurants.

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