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MP3 'Inventor' Brandenburg Invests In DJTunes Dance Music Site

Submitted by Prescott on Wed, 11/19/2008 - 11:59am.

Karlheinz Brandenburg, credited with at least jointly "inventing" MP3, has joined with a German development bank to invest in DJTunes, a European music download site offering house, techno, trance and electro tracks in that very file format.

DJTunes targets DJs, club-goers and labels and claims over 300,000 tracks, all in the DRM-free format that is beloved of DJs for its lack of copyright locks - if not exactly for its high fidelity. The site lets users upload and sell their tracks and mixes, and will use the funds in part to branch out by launching a hip-hop site next year. The investment is made along with Beteiligungsmanagement Thüringen (BM|T) though the size is undisclosed; DJTunes also got seed funds in 2006. Release. More at paidContent:UK…

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About Prescott


Prescott Shibles has served as Vice President of New Media for Penton Media, Prism Business Media and Primedia Business. Prescott's expertise covers search engine optimization, email marketing, online content strategy, writing for the web, online advertising sales, and vertical search.

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