eMusic has been sold again. The music downloads service has gone through a succession of owners over the last decade and a half, with its latest parking spot being at TriPlay – the firm behind cloud-music service MyMusicCloud.
The company has acquired eMusic for an undisclosed amount – although TechCrunch claims it’s “under $26m” – and plans to integrate eMusic into its wider range of services.
“This deal makes the combined entity one of the largest, most comprehensive digital music services in the world, comparable only to Apple iTunes and Amazon,” claimed the press release, optimistically.
In its time, eMusic has been owned by Vivendi, Dimensional Associates and Media Arc – which merged eMusic with e-books service K-NFB Reading in 2013.
Yet the traditionally indie-focused eMusic has spent the last five years struggling with the after-effects of its first major label deals in 2009 and 2010, which led to indies Beggars Group, Domino and Merge pulling their catalogues in November 2010.