08/09/07 - Universal Music Group Invests in Loud.com

J-Banks · 08-09-2007, 01:55 PM

Universal Music Group Invests in Loud.com

It was announced yesterday (August 8), that Universal Music Group will be making an equity investment in social networking and music portal Loud.com. The site, which was revamped by Loud Records founder Steve Rifkind earlier this year, allows aspiring rappers to download professionally produced tracks for 99 cents a piece and compete with other visitors for a recording contract and a $100,000 cash prize. The online battles will be judged by a panel of celebrity producers including Cool & Dre, David Banner and Sha Money XL. “Universal’s strategy is to become actively involved in all areas of media where our artists and our music are present,” said UMG vice chairman Nick Henny. “Loud.com has created an incredibly vibrant and growing on-line hip-hop community that features not only compelling user-generated content, but also the means for users to create their own music and compete for a record deal. Loud.com is quickly emerging as one of the leading new online ventures that successfully reaches the new generation of international and multicultural youth.”

Source-xxlmag

GMNRecordsCT3 · 08-09-2007, 05:11 PM

ok.............

MC B STREETZ · 08-09-2007, 08:05 PM

okay......

Zhiwai · 08-09-2007, 11:40 PM

Props on this

08-09-2007, 01:55 PM	#1
J-Banks Super Moderator Join Date: Feb 2005 Location: Providence, RI Posts: 21,015 Repped: 5,294 Repped 53,425 Times in 7,839 Posts Blog Entries: 1 Neg Reps: 53 Neg Repped at 93 Times in 86 Posts	08/09/07 - Universal Music Group Invests in Loud.com 08/09/07 - Universal Music Group Invests in Loud.com Universal Music Group Invests in Loud.com It was announced yesterday (August 8), that Universal Music Group will be making an equity investment in social networking and music portal Loud.com. The site, which was revamped by Loud Records founder Steve Rifkind earlier this year, allows aspiring rappers to download professionally produced tracks for 99 cents a piece and compete with other visitors for a recording contract and a $100,000 cash prize. The online battles will be judged by a panel of celebrity producers including Cool & Dre, David Banner and Sha Money XL. “Universal’s strategy is to become actively involved in all areas of media where our artists and our music are present,” said UMG vice chairman Nick Henny. “Loud.com has created an incredibly vibrant and growing on-line hip-hop community that features not only compelling user-generated content, but also the means for users to create their own music and compete for a record deal. Loud.com is quickly emerging as one of the leading new online ventures that successfully reaches the new generation of international and multicultural youth.” Source-xxlmag __________________ JBanksblog.com - check it out __________________

08-09-2007, 05:11 PM	#2
GMNRecordsCT3 Macaroni wit the Cheeesse Join Date: May 2005 Location: Wash Heights, NYC Posts: 17,615 Repped: 6,784 Repped 2,310 Times in 619 Posts Neg Reps: 203 Neg Repped at 50 Times in 40 Posts	ok............. __________________ myspace.com/bummydavis - soundclick.com/gmnproductions "The name on my car insurance is YOUR FUKIN FAULT!!"

08-09-2007, 08:05 PM	#3
MC B STREETZ YAYO'S ADVOCATE/HYPE MAN Join Date: Nov 2006 Location: FIND ME IN YA CRIB WIT DA NINA WHERE DA MONEY AT Posts: 18,199 Repped: 3,566 Repped 21,974 Times in 2,200 Posts Neg Reps: 58 Neg Repped at 51 Times in 45 Posts	okay...... __________________ "I'M A LOUDMOUTH NIGGA BUT MY RUGER SILENT" -TONY YAYO A.K.A TALK OF NEW YORK "ALL YAYO ENEMYS ARE ALL OF MY ENEMYS" - MC B STREETZ A.K.A YAYO'S NINJA

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08-09-2007, 11:40 PM	#4
Zhiwai G_unit_soldier_Chang Join Date: Jan 2006 Location: Puerto Rico Posts: 9,469 Repped: 15 Repped 49 Times in 8 Posts Neg Reps: 0 Neg Repped at 0 Times in 0 Posts	Props on this