|
Dhadkan.com
cedes 25 per cent equity to Nagpur-based investor
Dhadkan.com, a comprehensive
music site which went live in January 2000, has divested 25
per cent of its equity to a Nagpur-based Angel investor, according
to Sidharth Taparia, Founder of Dhadkan.com. Taparia also
said that the site has tied up with the US-based Indiaplaza.com
which was recently integrated with Satyamonline. Indiaplaza.com
will serve as Dhadkan’s e-commerce partner. The music
site is also in the final stages of negotiation with a US
based developer of Secured Digital Music technology which
will basically enable the site to get into the payable downloads
segment.
“We plan to put the model in working order and then look
for the first round of funding” says Taparia. Indiaplaza
with its logistics infrastructure in the US, UK, Singapore
and India is in a position to undertake e-commerce fulfilment
for Dhadkan.com in these countries according to Taparia. That
is as far as published music or music which already exists
in various formats is concerned. As far as unpublished music
is concerned, Taparia plans to strike revenue-sharing deals
with artists for whom Dhadkan will maintain micro sites on
which the artist’s works will be sold. The site already
has tie ups with about 50 artists for this purpose, according
to Taparia.
Dhadkan.com currently has a catalogue of over 3,000 albums
across various genres. Besides this, the site features artist
biographies, online classical music tutorials and editorials.
Priya
Srinivasan
Other
Stories...
 Asianet
to be out of Zee Telugu venture too
Star’s
Hindi business channel to target rural viewers too
Cable
act amendment unlikely to increase DD visibility
Creative
Eye to peg fresh initial float price at Rs 150
Aiaconstent.com
to launch MTVIndia site by Ocotber
Mother
of Crorepati celebrates a year of couch potato coup
Videocon
to make 5 lakh Internet TVs at its Aurangabad plan
Will
serving snacks instead of meals stoke the appetite for channel
V?
BPL’s
Innovision’s Indigo FM, Music to hit airwaves by Oct
Cable
operators demand entertainment tax rollbacka
TOP
|
