SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ericsson overlook?
ERIC 9.870+1.3%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Taro who wrote (5278)8/30/2006 12:49:53 PM
From: Jim Oravetz  Read Replies (2) of 5390
 
Sony Ericsson Plans Online Music Service
By MAGNUS HANSSON
August 30, 2006 5:52 a.m.

STOCKHOLM – Mobile-phone maker Sony Ericsson is set to unveil plans for an online music service later this year, following rival Nokia Corp.'s recently announced plans to acquire music distribution company Loudeye Corp., a Sony Ericsson spokesman said Wednesday.

"We do indeed have such plans. We hope to provide more details within a couple of months, perhaps sooner," said Sony Ericsson spokesman Aldo Liguori.

In the past year mobile-phone makers have introduced a range of phones that are also able to play music in the same way as mp3 players. With the higher data transfer speeds offered by third-generation technology it is now possible to download music files directly online to the phones. Loudeye, which Nokia on Aug. 8 said it intends to acquire, has deals with all the major record companies and provides a music distribution "engine" that is then branded by third parties who want to set up an online music store. Nokia said it would also set up a music service using its own brand.

Sony Ericsson, a joint venture of Sweden's Telefon AB LM Ericsson and Japan's Sony Corp., said in May when it launched its latest music phone under the Walkman brand that it may expand its current PlayNow service, which offers ringtones and games to also include music.

Ericsson already offers a platform for music download and Sony controls significant content.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News