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BUSINESS
June 28, 2001 | Jon Healey
Online powerhouse Yahoo Inc. is close to acquiring Santa Monica-based Launch Media Inc., a popular but financially strapped online music company, sources said. Terms of the deal, which could be announced as early as today, were not available. Spokespersons for Launch and Yahoo could not be reached for comment.
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BUSINESS
June 28, 2001 | Jon Healey
Online powerhouse Yahoo Inc. is close to acquiring Santa Monica-based Launch Media Inc., a popular but financially strapped online music company, sources said. Terms of the deal, which could be announced as early as today, were not available. Spokespersons for Launch and Yahoo could not be reached for comment.
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BUSINESS
August 6, 1998 | GREG JOHNSON, TIMES STAFF WRITER
Former Coca-Cola Co. marketing chief Sergio Zyman has joined the board of directors at Launch Media Inc., a Santa Monica-based new media company. Zyman, 53, is credited with helping to turn Coke into a dominant worldwide brand and building Sprite into one of the Atlanta-based company's most successful beverage lines. "Sergio did some tremendous work at Coke in the early '90s in terms of brand positioning and brand building," said John Sicher, publisher of Beverage Digest, a Bedford Hills, N.Y.
BUSINESS
May 30, 2001 | Jon Healey
Launch Media Inc. of Santa Monica, a leading personalized online radio service, announced that an undisclosed "major media company" has provided a $2-million, short-term loan. That's $3 million less than Launch had expected to obtain in a deal that was supposed to close May 24. That day, however, four of the five major record companies sued Launch for copyright infringement, and the larger loan never materialized.
BUSINESS
February 9, 2001 | Bloomberg News
Launch Media Inc., the Santa Monica-based owner of the Launch.com Internet music site, agreed to develop a way to broadcast music to wireless devices such as cell phones that run on a Qualcomm Inc. standard. The agreement could let Launch reach a broader audience with its Launchcast service, which tracks the music that users access from Launch's library and develops a radio-like broadcast customized to each users' taste.
BUSINESS
May 30, 2001 | Jon Healey
Launch Media Inc. of Santa Monica, a leading personalized online radio service, announced that an undisclosed "major media company" has provided a $2-million, short-term loan. That's $3 million less than Launch had expected to obtain in a deal that was supposed to close May 24. That day, however, four of the five major record companies sued Launch for copyright infringement, and the larger loan never materialized.
BUSINESS
May 15, 2001 | Jon Healey
Launch Media Inc. cut its staff by 26%, or 60 employees, just before announcing a sharp drop in quarterly results. The company also disclosed that it has nearly completed a deal with an undisclosed investor to obtain $5 million in funding. Santa Monica-based Launch distributes music through personalized online radio stations and CD samplers, which it supports through advertising and licensing fees. Those fees fell to $3.
BUSINESS
May 28, 2001 | JON HEALEY, TIMES STAFF WRITER
No one knows which online music services will hit the jackpot, but the major record labels are determined to take their share of any Web company's winnings. That's the message that the labels are sending through a series of high-profile lawsuits against online music firms. A half-dozen lawsuits--including ones against Napster Inc., MP3.com and now Launch Media Inc.--have narrowed the services that can be offered without a license from the labels, while also setting a high price for licenses.
BUSINESS
March 29, 1999 | KAREN KAPLAN
Launch Media, the Santa Monica company that produces a music-oriented Web site and CD-ROM magazine, is expected to announce three deals today that will significantly expand its visibility on the Internet. Launch (http://www.launch.com) will become an anchor tenant on America Online, the premier music content provider for the MSN Entertainment Channel and a music content provider for the Snap portal site owned by NBC and CNet. Terms of the deals were not disclosed.
BUSINESS
October 7, 1999 | Karen Kaplan
Launch Media, the Santa Monica firm that runs a music-oriented Web site and CD-ROM magazine, will announce a deal today to become the exclusive music content partner for NetZero, the fast-growing free Internet service provider based in Westlake Village. Launch Chairman and Chief Executive David Goldberg wouldn't say how much his company will pay for the premium placement on NetZero. But he did reveal that Launch bought 62,410 shares of NetZero on the day the company went public last month.
BUSINESS
May 28, 2001 | JON HEALEY, TIMES STAFF WRITER
No one knows which online music services will hit the jackpot, but the major record labels are determined to take their share of any Web company's winnings. That's the message that the labels are sending through a series of high-profile lawsuits against online music firms. A half-dozen lawsuits--including ones against Napster Inc., MP3.com and now Launch Media Inc.--have narrowed the services that can be offered without a license from the labels, while also setting a high price for licenses.
BUSINESS
May 15, 2001 | Jon Healey
Launch Media Inc. cut its staff by 26%, or 60 employees, just before announcing a sharp drop in quarterly results. The company also disclosed that it has nearly completed a deal with an undisclosed investor to obtain $5 million in funding. Santa Monica-based Launch distributes music through personalized online radio stations and CD samplers, which it supports through advertising and licensing fees. Those fees fell to $3.
BUSINESS
February 9, 2001 | Bloomberg News
Launch Media Inc., the Santa Monica-based owner of the Launch.com Internet music site, agreed to develop a way to broadcast music to wireless devices such as cell phones that run on a Qualcomm Inc. standard. The agreement could let Launch reach a broader audience with its Launchcast service, which tracks the music that users access from Launch's library and develops a radio-like broadcast customized to each users' taste.
BUSINESS
June 19, 2000 | KAREN KAPLAN
College students are prolific consumers of MP3 music files, but they are often pests to academic researchers and others who must compete with them for bandwidth on campus Internet connections. At Bucknell University in Lewisburg, Pa., traffic from MP3 download services such as Napster accounted for 40% of the school's Internet traffic.
BUSINESS
January 31, 2000 | KAREN KAPLAN
Two other Tech Coast online music firms are expected to announce a partnership today. CheckOut.com's Wherehouse Online Stores will become the exclusive e-commerce retailer for CDs, cassettes, videos and video games for Launch Media's music-oriented Web site. The Wherehouse Online Stores will be integrated into Launch.com, allowing Launch's 2 million members to purchase music directly from the site, said David Goldberg, chief executive of Santa Monica-based Launch Media.
BUSINESS
October 7, 1999 | Karen Kaplan
Launch Media, the Santa Monica firm that runs a music-oriented Web site and CD-ROM magazine, will announce a deal today to become the exclusive music content partner for NetZero, the fast-growing free Internet service provider based in Westlake Village. Launch Chairman and Chief Executive David Goldberg wouldn't say how much his company will pay for the premium placement on NetZero. But he did reveal that Launch bought 62,410 shares of NetZero on the day the company went public last month.
BUSINESS
June 19, 2000 | KAREN KAPLAN
College students are prolific consumers of MP3 music files, but they are often pests to academic researchers and others who must compete with them for bandwidth on campus Internet connections. At Bucknell University in Lewisburg, Pa., traffic from MP3 download services such as Napster accounted for 40% of the school's Internet traffic.
BUSINESS
January 31, 2000 | KAREN KAPLAN
Two other Tech Coast online music firms are expected to announce a partnership today. CheckOut.com's Wherehouse Online Stores will become the exclusive e-commerce retailer for CDs, cassettes, videos and video games for Launch Media's music-oriented Web site. The Wherehouse Online Stores will be integrated into Launch.com, allowing Launch's 2 million members to purchase music directly from the site, said David Goldberg, chief executive of Santa Monica-based Launch Media.
BUSINESS
July 19, 1999 | KAREN KAPLAN and LESLIE HELM
Launch Media and RealNetworks will team up to distribute music videos on the Internet. Santa Monica-based Launch is expected to announce today that it will begin streaming videos using the RealSystem G2 on Tuesday. In addition, it will debut a music video channel for the RealPlayer G2. Launch's alliance with Seattle-based RealNetworks will allow Apple Macintosh users to access music videos and interviews on Launch's Web site.
BUSINESS
March 29, 1999 | KAREN KAPLAN
Launch Media, the Santa Monica company that produces a music-oriented Web site and CD-ROM magazine, is expected to announce three deals today that will significantly expand its visibility on the Internet. Launch (http://www.launch.com) will become an anchor tenant on America Online, the premier music content provider for the MSN Entertainment Channel and a music content provider for the Snap portal site owned by NBC and CNet. Terms of the deals were not disclosed.
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