6683 0 3 econsultancy_xml <p>The Finnish company said the deal, which will go through later this year, would make it easier for it to provide music content, as <a href="http://www.loudeye.com">Loudeye</a> has aggregated rights and content from major record labels to offer a catalogue of over 1.6 million tracks.</p> <p>Nokia sold 15 million music enabled phones in the second quarter, and hopes consumers will gravitate towards multi-function devices rather than stand-alone players such as the iPod.</p> <p>“<em>We want to be able to offer the best fully integrated mobile music experience to our customers</em>”, said Anssi Vanjokia, executive vice president and general manager, multimedia, Nokia.</p> <p>“<em>Loudeye brings a number of key assets to Nokia, including a great team of people, a substantial content catalogue, and a robust service platform that will help us to achieve this objective</em>.”</p> <p>"<em>People should be able to access all the music they want, anywhere, anytime and at a reasonable cost. With this acquisition, we aim to deliver that vision and a comprehensive music experience to Nokia device owners during 2007</em>."</p> <p>Loudeye provides B2B digital music platforms and digital media distribution services. Nokia has been working with the company since 2004, when it was announced that Loudeye was developing a wireless music platform for mobile service providers. The firm is headquartered in Seattle and has offices in London and Bristol.</p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph>The Finnish company said the deal, which will go through later this year, would make it easier for it to provide music content, as <Link URL="http://www.loudeye.com" Window="New">Loudeye</Link> has aggregated rights and content from major record labels to offer a catalogue of over 1.6 million tracks.</Paragraph> <Paragraph>Nokia sold 15 million music enabled phones in the second quarter, and hopes consumers will gravitate towards multi-function devices rather than stand-alone players such as the iPod.</Paragraph> <Paragraph>“<Quote>We want to be able to offer the best fully integrated mobile music experience to our customers</Quote>”, said Anssi Vanjokia, executive vice president and general manager, multimedia, Nokia.</Paragraph> <Paragraph>“<Quote>Loudeye brings a number of key assets to Nokia, including a great team of people, a substantial content catalogue, and a robust service platform that will help us to achieve this objective</Quote>.”</Paragraph> <Paragraph>"<Quote>People should be able to access all the music they want, anywhere, anytime and at a reasonable cost. With this acquisition, we aim to deliver that vision and a comprehensive music experience to Nokia device owners during 2007</Quote>."</Paragraph> <Paragraph>Loudeye provides B2B digital music platforms and digital media distribution services. Nokia has been working with the company since 2004, when it was announced that Loudeye was developing a wireless music platform for mobile service providers. The firm is headquartered in Seattle and has offices in London and Bristol.</Paragraph> </FormattedContent> 2006-08-08T12:49:00+01:00 0 1 econsultancy_xml <p> <strong>Nokia has <a href="http://www.nokia.com/A4136001?newsid=1067845">agreed</a> to buy Loudeye for US$60 million (£31 million) in a bid to expand its presence in the music downloading market.</strong> </p> <FormattedContent xmlns="http://www.e-consultancy.com/schema/formattedContent/"> <Paragraph> <Emphasis>Nokia has <Link URL="http://www.nokia.com/A4136001?newsid=1067845" Window="New">agreed</Link> to buy Loudeye for US$60 million (£31 million) in a bid to expand its presence in the music downloading market.</Emphasis> </Paragraph> </FormattedContent> false 148 <p>Econsultancy has published a <strong><a href="http://econsultancy.com/reports/mobile-marketing-buyers-guide">Mobile Marketing Buyer's Guide</a></strong> which is aimed at those who are investigating the market for mobile marketing platforms, with profiles of 14 leading suppliers and an analysis of market trends. See also our <strong><a href="http://econsultancy.com/reports/mobile-statistics">Mobile Statistics Compendium</a></strong> for data, facts and charts relating to mobile.</p> <p>Econsultancy has published a <strong><a href="http://econsultancy.com/reports/mobile-marketing-buyers-guide">Mobile Marketing Buyer's Guide</a></strong> which is aimed at those who are investigating the market for mobile marketing platforms, with profiles of 14 leading suppliers and an analysis of market trends. See also our <strong><a href="http://econsultancy.com/reports/mobile-statistics">Mobile Statistics Compendium</a></strong> for data, facts and charts relating to mobile.</p> 361503 Nokia snaps up Loudeye in mobile music expansion false 2006-08-08T13:18:00+01:00 nokia-snaps-up-loudeye-in-mobile-music-expansion 2009-04-28T22:31:48+01:00 2009-10-13T08:33:09+01:00 490