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Send to email | UMG Backing Music-Sales Site Nimbit? in GE | By Silicon el 02-May-2008 |
Nimbit Logo.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
Universal Music Group (GE) is considering an equity stake in music-sales site Nimbit, according to Digital Music News. Documents obtained by the Web site said the label, particularly its senior executives, might invest $3 million. Nimbit allows artists to sell digital and physical music, merchandise and tickets to fans.
If the deal takes place, it will make Universal's fourth music-site investment since mid-April, joining stakes in digital label INgrooves and music-community sites MOG and Buzznet.

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 | Joystiq | Blogger | Covers video game news from an independent, unbiased perspective Joystiq Joystiq |
 | Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
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