D&M HOLDINGS BUYS REPLAYTV AND RIO BRANDS
At SONICblue's bidding process in U.S. Bankruptcy Court in San Jose,Calif., parent company of Denon and Marantz Japan, D&M Holdings,purchased assets from SONICblue's digital video recorder and MP3business units for $36.2 million.
D&M is purchasing inventory, receivables, intellectual propertyand capital equipment; the company intends to design, manufacture anddistribute its own line of ReplayTV and Rio products. D&M willmerge SONICblue's assets into a new digital-development group,tentatively called Digital Networks North America.
LOOK KIDS: IT'S COOL TO LEGALLY DOWNLOAD
In an effort to curb illegal downloads and promote its new downloadmusic service, Gateway has launched a Website, www.ripburnrespect.com, that is devoted toeducating music consumers about how to legally download music to theirPCs — most notably, to a Gateway computer. Additionally, TV spotspromoting Listen.com's Rhapsody service are set to air.
ICE-T HOOKS UP WITH KAZAA
For $4.99, Ice-T fans can buy his new release, Repossession,on the peer-to-peer file-sharing site KaZaA. The album will beavailable through a secure platform from Altnet, a company that haspartnered with KaZaA. Ice-T said that he hopes this move will“enable artists like myself to generate more revenue throughselling products ourselves.”
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