CORRECTION: Ecast Clarifies Latin Music Catalog
Ecast Inc. has revised yesterday's announcement of the expansion of its Latin music catalog. The digital music provider has secured license agreements with music label Univision; the deal includes the Fonovisa catalog.
Incredible Technologies Will Match AMOA Katrina Recovery Fund
ARLINGTON HEIGHTS, IL - Incredible Technologies has offered to match funds , up to $50,000 , that are collected for hurricane relief by the Amusement & Music Operators Association. AMOA has already donated $10,000 in relief funds to the American Red Cross. A call to AMOA members has asked for donations and contributions from the operating community; the Association will match these funds dollar for dollar up to $20,000. IT had already established an employee donation program of its own. "We are delighted to 'team up' with IT on the Katrina Relief program," said AMOA executive vice-president Jack Kelleher. "Our Executive Committee approved this unanimously and are very grateful for IT's generous offer. Our potential for aid to those who need it so desperately could reach as much as $100,000." IT CEO Elaine Hodgson voiced admiration for AMOA's program, adding: "It is rewarding to be a part of a community that comes together to help others in the worst of times." For more information on the AMOA Katrina Relief Program and how to contribute, visit http://www.amoa.com/KatrinaReliefEffort.htm.
Rowe Licenses NSM Downloading Patents
GRAND RAPIDS, MI , Rowe International Corp. and NSM Music Group Ltd. have inked an agreement giving Rowe the exclusive North American use and non-exclusive European use of certain key, patented technology that enables the remote management of multimedia networks, such as digital jukeboxes. In a statement released by Rowe, the company said: "The technology fortifies Rowe's already robust patent portfolio and allows the company to ensure Rowe's significant investment in current and new technologies is supported by the industry's strongest patent position." Rowe president Jeff Martin said the goal is to create "the broadest, most secure patent portfolio in the coin-operated digital music industry; this relationship with NSM allows us to do just that. It is important to our customers that we not only develop great technology, but also have the legal right to sell it. Sooner or later, digital jukebox manufacturers will need these patents to sell their products. Operators want to know that their investments in Rowe/AMI products are safe."
Additionally, Rowe and NSM have agreed to pursue joint product development opportunities worldwide. As reported this week in "Ahead of the Times," an exclusivity clause in NSM's contract with Ecast has been eliminated as part of a pending consent decree imposed by the U.S. Department of Justice. NSM Music president Barry Kirby said the agreement will allow NSM to work closely with existing and new customers through the new relationship with Rowe and existing relationship with Ecast.
Jillian's Store Closure Triggers Second Quarter Loss For D&B's
DALLAS , Dave & Buster's reported a net loss for the quarter of $1.3 million. Officials said the loss largely accrued from the under-performing Jillian's stores and associated upgrade costs, including a $3 million charge for closing the Jillian's in Minneapolis. D&B's has also confirmed that most of the Jillian's stores that it purchased last year will be converted to the D&B's brand. "We expect our first converted store to re-open as a Dave & Buster's by early next month, with three to four to follow prior to the end of the year," said CEO Buster Corley.