- SNOCAP
Infobox_Company
company_name = SNOCAP
company_
company_type = Private
foundation = 2002
location =San Francisco ,California ,USA
key_people =Shawn Fanning Jordan Mendelson Ron Conway
num_employees =
industry = Online Music
products =
revenue =
net_income =
homepage = [http://www.snocap.com/ www.snocap.com]SNOCAP is a company founded in 2002cite web
url = http://www.techcrunch.com/2005/06/14/snocap-launches-digital-music-registry/
author = Arrington, Michael
title = SNOCAP Profile
accessdate = 2008-01-04
date = 2005-06-14
work = TechCrunch] as an "end-to-end provider of digital licensing and copyright management services for digital music."cite web
url = http://www.allbusiness.com/media-telecommunications/movies-sound-recording/5126693-1.html
title = SNOCAP Names Peter Maloney Chief Financial Officer; Technology Industry Veteran Further Strengthens Senior Management Team
accessdate = 2008-01-04
date = 2005-11-05
work = Business Wire] It was started byShawn Fanning (best known for creating theNapster music service),Jordan Mendelson , andRon Conway . Former employees include music lawyerChristian Castle , the company's first General Counsel.MySpace announced in September 2006 that they will be using SNOCAP to operate a digital music service.cite web
url = http://www.techcrunch.com/2006/09/02/myspace-gets-into-music-biz/
author = Arrington, Michael
title = MySpace To Sell Music Through Snocap
accessdate = 2008-01-04
date = 2006-09-02
work = TechCrunch] ACharlottesville , Virginia-based venture capital firm provided key funding and support and also partnered with a local newspaper, The Hook, to promote the service with a [http://www.readthehook.com/snocap/ downloading contest] .cite web
url = http://www.readthehook.com/stories/2006/12/14/COVER-SNOCAP-F.rtf.aspx
author = Barnes, Lindsay
title = Never mind the iTunes; here's Snocap
accessdate = 2008-01-04
date = 2006-12-14
work = The Hook]In March 2007, the social media site
imeem has announced a partnership with the company to track music being played on the site and share ad revenue with artists and labels.cite web
url = http://mashable.com/2007/03/07/imeem-snocap/
author = Cashmore, Pete
title = Imeem, Snocap Hook Up
accessdate = 2008-01-04
date = 2007-03-07
work = Mashable]SNOCAP is backed by
Ron Conway , Morgenthaler Ventures, WaldenVC, and Court Square Ventures .In October 2007, SNOCAP reportedly laid off approximately 60% of the workforce.cite web
url = http://www.news.com/8301-10784_3-9796327-7.html
author = Sandoval, Greg
title = Shawn Fanning's Snocap lays off 60 percent of workforce
accessdate = 2008-01-04
date = 2007-10-11
work = CNET News.com] Other reports indicate that the company is for sale.cite web
url = http://bits.blogs.nytimes.com/2007/10/12/shawn-fannings-snocap-prepares-for-fire-sale/
author = Hansell, Saul
title = Shawn Fanning’s Snocap Prepares for Fire Sale
accessdate = 2008-01-04
date = 2007-10-11
work = The New York Times]In February 2008 it was reported that SNOCAP had been acquired by
imeem [ [http://www.techcrunch.com/2008/02/13/imeem-acquires-snocap Imeem Acquires Snocap ] ] , confirmed in April 2008 [ [http://www.theregister.co.uk/2008/04/07/imeem_acquires_snocap/ Right idea, wrong time: Snocap's corpse washes up at Imeem | The Register ] ] .References
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