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Short Take: Loudeye to encode CDs for Musicbank

Musicbank has hired Loudeye Technologies to encode files for its streaming music "locker" service, which is scheduled to go live this fall. A Loudeye spokesman said the deal calls for the company to encode 150,000 CDs, including recordings owned by Universal Music Group, which Musicbank customers can retrieve over the Web.

Evan Hansen Staff Writer, CNET News.com
Department Editor Evan Hansen runs the Media section at CNET News.com. Before joining CNET he reported on business, technology and the law at American Lawyer Media.
Evan Hansen
Musicbank has hired Loudeye Technologies to encode files for its streaming music "locker" service, which is scheduled to go live this fall. A Loudeye spokesman said the deal calls for the company to encode 150,000 CDs, including recordings owned by Universal Music Group, which Musicbank customers can retrieve over the Web.