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Listen.com to buy streaming company

8 April 2001 13:06 by Petteri "dRD" Pyyny

Listen.com, an online digital music directory and recommendation service, has acquired TuneTo.com, a company focused on streaming technology.

Initially TuneTo.com's technology will be used to improve Listen.com's own streaming capabilities, but eventually they have plans to use the acquired technology for providing music-on-demand type of services and possibly some wireless music solutions.

Financial details of the acquisition were not disclosed. Listen.com's investors include all the major record labels.

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Related articles:

  • Listen.com launched its subscription service (4 December 2001)
  • Online music companies suffer (5 January 2001)
  • Big boys invested in Listen.com (4 February 2000)
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