Digital Music B2B Provider 24-7 Ent. Sold
24-7 Entertainment which operates 41 online and mobile music and ringtone stores in 13 European countries hs been acquired by electronics retailer Media-Saturn-Holding GmbH. 27-7 claims license with over 12,000 labels including all four major record companies.
24-7 Entertainment will remain under the management of its founders, Frank Taubert and Carl Nielsen and operate as an independent business unit. The company will continue to function as a turnkey one-stop-shop for digital distribution to retailers, telecoms, manufacturers and media companies