Rumor Mill
CUSTOMDISC.COM TO OFFER BMG TITLES
April 26, 2000
Online compilation company CustomDisc.com has found another equity investor. BMG Entertainment has invested in CustomDisc.com, agreeing to license its catalog for use in the creation of custom CDs and MiniDiscs in exchange for a stake in the company.
In February, Sony made a similar deal.
The precise amount of BMG's holding was not disclosed, but CustomDisc CEO David Gould confirmed that it was "sizable" and on par with Sony's stake.
Sony and BMG titles should appear on the site within the next few months.