The electronics company sells off all of its shares for the music-matching and streaming service to the Tribune Company. December 23, 2013 11:19 AM PST Microsoft's Xbox Music uses Gracenote. (Credit: Screenshot by Lance Whitney/CNET) Sony has sold its ownership of Gracenote, a service that matches and streams music across multiple devices, the electronics company announced Monday. The company sold all of its shares to the Tribune Company for $170 million. The sale should close before March 31, according to a press release. The sale comes shortly after Xbox Music announced it was using Gracenote to compliment its service. Xbox Music subscribers can listen to their music across multiple platforms and edit metadata for albums via Gracenote. Gracenote has also been used in TVs and cars.
Monday, December 23, 2013
The electronics company sells off all of its shares for the music-matching and streaming service to the Tribune Company.
December 23, 2013 11:19 AM PST
Microsoft's Xbox Music uses Gracenote.
(Credit: Screenshot by Lance Whitney/CNET)
Sony has sold its ownership of Gracenote, a service that matches and streams music across multiple devices, the electronics company announced Monday.
The company sold all of its shares to the Tribune Company for $170 million. The sale should close before March 31, according to a press release.
The sale comes shortly after Xbox Music announced it was using Gracenote to compliment its service. Xbox Music subscribers can listen to their music across multiple platforms and edit metadata for albums via Gracenote. Gracenote has also been used in TVs and cars.
