BFM Digital Acquires SongDog Network
September 25, 2012 at 1:40 PM (PT)
BFM DIGITAL has acquired SONGDOG NETWORK’s extensive catalog of 6,000 tracks, featuring karaoke recordings and ringtones of hit songs from the last 50 years. SONGDOG and BFM first teamed up in 2005 to make SONGDOG one of the first karaoke catalogs available to mainstream consumers via digital stores. SONGDOG has been providing master recordings to the karaoke industry since 1994, and was one of the first companies to license its recordings for use as ringtones and other cellular products.
"[BF, DIGITAL Co-Founder/CEO] STEVE CORN first pitched the idea of selling our catalog through the digital stores in 2004," SONGDOG NETWORK Pres. JOHN COLLINS said. "After compiling our more than 6,000 tacks into albums that any consumer could easily find online, our sales skyrocketed to hundreds of thousands within the first year. I’m excited to be handing over the catalog to them to continue its success."
"Content ownership has become an important part of BFM's growth strategy," CORN said. "When the opportunity arose to purchase SONGDOG's masters, it made perfect sense, as we've been digitally repackaging and distributing their recordings for more than seven years. With new distribution channels constantly emerging, we are excited about the future potential of this catalog."