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Entries tagged "music"Report: MySpace to buy iLike for $20MSocial music service iLike is nearing a $20 million deal to be acquired by MySpace, TechCrunch reports. Music services: They live, they dieEven as online music services such as Sonific shut down, venture capitalists continue to invest in new startups. Is Napster in play?Last month, Napster's market cap fell below its cash on hand. That prompted speculation that an eager hedge fund might want to seize the company just to dismantle it, or that it's ripe for a takeover. Lionel and Neil Young roll down the tracks togetherWe know he's a rock 'n' roll star and all that, but why is Neil Young's continued stake in the now post-bankruptcy Lionel LLC need to be such a mystery?... Lionel: Long may you runRock 'n roll legend Neil Young will no longer have his own trains to play with under the Christmas tree. Lionel LLC, the famous model train maker, left bankruptcy on May 1. But Young, who owned a 20% stake in the company, isn't any longer part of its post-Chapter 11 life.... All together nowMusic-related social networking sites are shaking up the music business and could be the paradigm for the future. At first, Joy Walshe's riff sounds like that sorry refrain so common among musicians, however talented they may be. The London-based singer-songwriter doesn't have a record contract, had a busted deal with an independent label that ended up in court, scores gigs where and when she can and works in an office to get by financially.... Heavy handsRegulators continue to assert their hand in mergers and acquisitions Thursday, on both sides of the pond. Dubai International Capital LLC confirmed this morning that the U.S. has launched a national security investigation into its pending $1.2 billion acquisition of a U.K.-based precision-engineering company with U.S. subsidiaries, according to published reports. But, reports also say, Dubai International expects its acquisition of Doncasters Group Ltd. to close. In related news, the debate over the Dubai ports deal, which would give a United Arab Emirates-owned company control of operations of six U.S. ports, sparked Sen. Richard Shelby, R-Ala., to introduce legislation... Startups that take the cakeVenture capital makes headlines this afternoon. In the largest life-sciences venture capital funding for the year to date, Cambridge, Mass.-based pharmaceutical company Microbia Inc. announced today it has secured $75 million in a fifth round of financing, bringing it closer to its next goal – second-phase clinical trials for two of its drugs. Before this round, the company had secured nearly $100 million in financing to fund research and development for its drugs in development, including one to absorb cholesterol and another to treat gastrointestinal disorders. Go to TheDeal.com for more. This is the second-largest funding of the year after... This date in deal historyFeb. 15, 1812: Future blue-box packer Charles Lewis Tiffany is born in Killingly, Conn. After working in his father’s business as a young man, Tiffany moved to New York and, with partner John B. Young, opened a chichi stationery store dubbed Tiffany & Young at 259 Broadway. In 1845, the store published its first “Catalogue of Useful and Fancy Articles,” which distinguished Tiffany from his competitors—who sold only “Superfluous and Loathsome Crappe.” Eight years later, he acquired a silver business and gave the combined entity its current name: Tiffany & Co. In 1887, Tiffany took advantage of a quirk in... Visteon's magic numbersDon't be fooled by the numbers, Visteon Corp. is still a troubled company. However, the auto parts maker was back in the black in the fourth quarter, but only because it sold 23 plants to former parent Ford Motor Co. In what Bloomberg called "accounting magic" Visteon earned $1.34 billion, or $10.25 per share, for the three months ended Dec. 31. That compared with a loss of $138 million, or $1.10 per share, for the fourth quarter of 2004. But when the curtain is pulled aside, and the Ford deal is ignored, along with interest expenses, taxes, and certain charges,... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "music." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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