12.01.2010 17:50 Uhr, Quelle: MacNN

Warner given $9 million as part of Lala buyout

Warner Music was paid $9 million under the terms of the Apple buyout of Lala, SEC documents reveal. Lala specializes in streaming music over the web, and before the Apple deal received some $35 million in funding, including $20 million from Warner. The record label wrote down $11 million of its investment in 2009.

Weiterlesen bei MacNN