Songmaster Purchases iVideosongs Assets

iVideosongs, an online music instruction service that shows how to play songs from original artists who wrote and performed them, launched at the DEMO conference in 2008 and raised a total of $3.3 million from private investors. Its assets have now been unceremoniously acquired by a recently established music education and entertainment studio called Songmaster Studios Education. Songmaster purchased all of iVideosongs' video lessons and its usage rights, as well as its royalty agreements with dozens of artists, songwriters and publishers.

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