Tuesday, April 29, 2008

Record Labels Strategically Invest $2.8M in MOG

TechCrunch writes about social music site MOG:

MOG has announced that it received a $2.8M strategic investment from Universal Music Group and The Angels’ Forum. We’ve also heard that Sony BMG was also part of the round, which means two major record labels have come together to invest in the same online music venture.

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