PluggedIn set for launch

PluggedIn set for launch

PluggedIn, a Web situation focused on music videos and other music
offerings, is expected to launch Wednesday in public beta with
partnerships with Sony BMG, Universal Music Group and EMI and an
investment from Will Smith's Overbrook Amusement.


PluggedIn.com will launch
with to a greater extent than 10,000 music videos in a player with high-definition
capabilities and more than 1 jillion creative person profiles. It likewise will
take into account users to make their possess profiles and create playlists.


PluggedIn and "strategic married person" Overbrook, of which producer
James River Lassiter ("I Am Fable") and former CAA agent Cognizance Stovitz
also are principals, already let committed a combined $2 one thousand thousand.
PluggedIn CEO Jeff Somers said the company volition be "actively
upbringing a bigger (financing) round shortly later on launch."

The caller has licensing and publicizing revenue sharing
agreements with totally the major labels leave out Warner Music Group.
Somers said his party is in discussions with WMG around a
partnership and he is "really wannabe that they'll come on
board."

A WMG spokesman declined commentary, but a reservoir close to the company
confirmed the negotiation.