>> ASIAONE / DIGITAL / NEWS / STORY
Universal music streams online in deal with imeem
Tue, Dec 11, 2007
AFP

SAN FRANCISCO - UNIVERSAL Music Group said on Monday it would start streaming its catalogue of music and videos on fast-growing social-networking website imeem.

Vivendi-owned UMG joins record-label peers EMI, Sony and Warner in partnering with US-based imeem to let songs and videos be played online in exchange for percentages of advertising revenue.

While financial details of the UMG deal were not released, the studio will reportedly also get paid every time one of its songs is played.

Sony, EMI and Warner made similar arrangements with imeem earlier this year.

'Imeem has developed an innovative way to make our artists' music a central part of the social-networking experience,' UMG chief executive Doug Morris said in a statement.

'More importantly, they've done so the right way - by working with UMG to provide an exciting musical experience for consumers, while ensuring that our artists are fairly compensated for the use of their works.'

The partnerships with imeem mark changes of course for major music studios, which had tenaciously fought against online sharing of music because of piracy concerns.

Imeem launched its free service in March 2006 and lets members share videos, music, pictures and online diaries referred to as 'blogs'.

Technology built into imeem allows the site's more than 19 million users view or listen to music and videos but blocks copying the files onto computers.

UMG's catalogue of artists includes Kanye West, Amy Winehouse, Fall Out Boy, 50 Cent, Black Eyed Peas, Gwen Stefani, The Killers, Snow Patrol, Maroon 5 and Nelly.

'This is a significant step forward for imeem and a defining moment for social networking and ad-supported music,' said the Internet firm's founder, Mr Dalton Caldwell.

Advertisers at imeem include Apple, Nike, Microsoft, Toyota and Puma. -- AFP

 

 
STORY INDEX
 
  Netizens here complain: He's making S'pore look bad
   
 
  If you love me, give me your password
   
 
  What will you find on your hubby's PC?
   
 
  MDA rap video high on global 'hit' list
   
 
  Brit tourist who mocked S'pore trishaw man apologises on Net
   
 
  Universal music streams online in deal with imeem
   
 
  New media opens innovative avenue for magazines
   
 
  S'pore cybergaming team to face off with world's best
   
 
  SOS e-mail takes on life of its own
   
 
  Japan film festival features works shot on camera-equipped cell phones
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg
Search: