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Arts Alliance Goes for a Song With Licensemusic.com; Investment in Free-Use Web Site Enables Instant Music Licensing Via Internet Using MP3.


SAN FRANCISCO--(ENTERTAINMENT WIRE)--Feb. 17, 1999--Arts Alliance, the UK venture capital company that focuses exclusively on the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 market, has announced its investment in Online Music Company (OMC OMC Organisation Mondiale du Commerce (French: WTO)
OMC Organización Mundial del Comercio (Spanish: World Trade Organization)
OMC Organização Mundial do Comércio
), which last week launched its beta-site version of Licensemusic.com, the first complete one-stop shop One-Stop Shop

A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers.
 for the licensing of original music for film, TV and advertising over the Internet.

Arts Alliance is the largest UK investor in online music companies.

The Web-based service, owned and operated by OMC at www.licensemusic.com, provides comprehensive "search, listen, select and license" capabilities. Users can access a vast catalog catalog, descriptive list, on cards or in a book, of the contents of a library. Assurbanipal's library at Nineveh was cataloged on shelves of slate. The first known subject catalog was compiled by Callimachus at the Alexandrian Library in the 3d cent. B.C.  of high-quality original vocal and instrumental tracks, covering a wide range of musical styles; search tracks using a powerful, customized search engine; and listen to high quality Real Audio music samples.

Selected music tracks can then be licensed and downloaded in various file formats including encrypted en·crypt  
tr.v. en·crypt·ed, en·crypt·ing, en·crypts
1. To put into code or cipher.

2. Computer Science
 MP3, all in one transaction.

"Music libraries have traditionally provided bland, off-the-shelf `wallpaper wallpaper was used in Europe in the 16th and 17th cent. as an inexpensive substitute for costly hangings. The French developed marbled papers, introduced from the East via Italy and used at first for box coverings, into larger sheets for wall coverings and also made  music,'" said Thomas Hoegh, founder and managing director, Arts Alliance. "Licensemusic.com is a groundbreaking concept, delivering quality pre-recorded and pre-cleared music for audiovisual productions. It's perfect for the Web, and Arts Alliance is delighted to be involved in such an innovative company."

"Arts Alliance offers a unique approach to fostering e-commerce and Web-based enterprises," said Gerd Leonhard This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. , founder, president and chief executive officer, OMC. "Its portfolio fitted well with Licensemusic.com as it includes several groundbreaking music-driven companies (such as Spinner.com), which provides an important platform for business synergies.

"I predict that music on the Web will be the biggest thing going on this year, and I feel comfortable that our alliance with Thomas Hoegh and our other investors will enable us to take full advantage of this."

Content acquisition continues to grow with more than 70 labels attracted by the user-friendly, lucrative Licensemusic.com approach to licensing. Participating copyright owners are not required to pay any startup fees, the contract is nonexclusive, and there is no rights transfer.

OMC's Licensemusic.com will bolster This article is about the pillow called a bolster. For other meanings of the word "bolster", see bolster (disambiguation).

A bolster (etymology: Middle English, derived from Old English, and before that the Germanic word bulgstraz
 its library of more than 50,000 tracks by securing additional content with major announcements expected within a few weeks.

About Arts Alliance

Arts Alliance is a London-based venture capital company focusing exclusively on the emerging online market. It supports Internet start-ups, with particular emphasis in the areas of e-commerce, digital music distribution and virtual communities.

Portfolio companies include LastMinute.com (specialist online shopping service), Launch (music/entertainment site), ChateauOnline.com (online wine specialist), Spinner.com (customizable online radio), Cybersites (virtual community developer) and Interactive Investor (online personal finance).

Recent successful exits include Firefly firefly or lightning bug, small, luminescent, carnivorous beetle of the family Lampyridae. Fireflies are well represented in temperate regions, although the majority of species are tropical and subtropical.  (online musical community provider bought by Microsoft) and PlanetAll (self-updating electronic address book service bought by Amazon.com). Find out more about Arts Alliance at http://www.artsalliance.co.uk.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 17, 1999
Words:454
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