Petteri Pyyny
19 Jun 2002 5:06
FullAudio announced yesterday that it has signed a deal with Bertelsmann Music Group in order to use BMG's music in its music subscription service MusicNow. Company also told that it has finalized its third round of funding and has raised $36M from investors so far.
FullAudio delivers music subscription services to radio giant Clear Channel's numerous websites and has now licensing deals with four major record labels (with all but Sony) just like its rival Listen.com has (Listen.com doesn't have licensing deal with Vivendi Universal yet).