gBox Gets Angel Funding For Distributed Music Store
Cupertino-based gBox, the maker of a music download widget, has raised unspecified angel funding from Swiss firm b-to-v, reports Alarm:Clock Euro. The gBox widget can display a wishlist of music tracks that third parties can then purchase. The company has a deal with Universal to distribute DRM-free music and it plans to expand into non-music items in the future. It also plans to establish a digital currency that marketers can use for promotions. gBox is a spin-off of content/rights vendor Navio.
Posted In: Entertainment, Music, Money, M&A & Venture Capital, Venture Capital, Social Media, gbox
YouTube Videos
Social Standing
Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?
Show Me: