Technology Briefs
Updated Dec. 22, 1999 12:01 am ET
Microsoft, Intervu Invest in DiscoverMusic.com
Microsoft Corp. and Intervu Inc. plan to invest a total of $10 million in DiscoverMusic.com, which provides music samples and data to online music retailers. The two companies will each receive $5 million worth of DiscoverMusic.com's convertible preferred stock. The companies said DiscoverMusic.com plans to use the investments to enhance its music sampling service for Internet music retailers. Intervu will serve as DiscoverMusic.com's exclusive provider of streaming media, including music download distribution services. DiscoverMusic.com will integrate Intervu's audio and...