Thursday, November 8, 2007

The Qloud --Online Music Service Got VCs Funding

What Company Is Offering:
The Qloud My Music application is a revolutionary music service that delivers online music to users how they want it – legal, cost-free, DRM-free, on-demand and linked to their personal music libraries – and where they want it – inside social networks where they can share music with and discover it through their friends.
How It Works:

By simply installing the My Music Facebook application users immediately can see and legally play entire songs and videos from their complete iTunes libraries inside of Facebook for free. My Music also allows users to see and play online the iTunes libraries of their friends, view and exchange playlists with their friends, browse and play the most popular songs among their friends and social groups, and add their friends’ songs to their own online libraries.
How Much They Got From Vcs And Who is Behind This Site:
Investors and board members in Qloud, including the founder of Island Records, Chris Blackwell, who discovered U2 and Bob Marley and was recently inducted into the Rock & Roll Hall of Fame; the founder of Launch Music, Dave Goldberg, who most recently headed Yahoo! Music; the former head of AOL’s online music properties, Jim Bankoff, who will now serve as Qloud’s chairman; Ted Leonsis, Vice Chairman Emeritus of AOL and Chairman of Revolution Money; and music industry executives Paul Vidich, formerly EVP Strategy and Business Development of Warner Music; and Tom Ryan, formerly Global SVP of Digital and Mobile Strategy of EMI Music. Qloud was co-founded by former AOLers Toby Murdock and Mike Lewis.


What's Different Features:
Qloud’s service features an online jukebox with unlimited, streaming music and videos played on-demand. Qloud delivers this new and exciting music experience by embedding content from licensed providers, such as YouTube, Revver and Brightcove, and then making this content available to consumers in easy to navigate locations. Qloud also features deep social networking tools and a powerful, community-based music discovery system driven by the Qloud iTunes plug-in. This plug-in recreates a user’s iTunes library in a browser and enables users to explore the iTunes libraries of other Qloud users.
More at:http://blog.qloud.com/

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