Sony joins We7 to make music free

We7, a free, advertising-supported online music service backed by Peter Gabriel, has become the first to claim the support of a major label, after Sony BMG, home to Mark Ronson, Bruce Springsteen and the Hoosiers, pledged to license its catalogue of more than 250,000 tracks to the company's new online music streaming service. (The Guardian)

Sony BMG signs with We7!

Sony BMG, one of the UK's largest and most successful record companies, has signed with We7 to provide free streaming of its music to We7 users in the UK. From the end of April, We7's users will be able to stream music, on demand and for free with a short audio advert before each track, from the extensive Sony BMG catalogue. The label will also make available to stream on demand new releases from its current roster of artists. (PR)

The 2008 conference video series: The Free Music Business

In this eagerly awaited MidemNet panel, speakers such as Steve Purdham (of the Peter Gabriel co-founded ad-supported music service We7) and Steve Jang of innovative social network imeem discussed whether free music ventures are the business model of the future... (Midemnet's Blog)

Brit digital music firms 7digital and We7 get funding

UK digital music store 7digital has announced that it's raised £4.25 million from VC firms, as part of its efforts to continue developing its service and expand to new countries, such as the US. A few days ago, fellow UK digital music firm We7, which focuses on ad-funded downloads, raised £3 million of its own VC funding to help it grow beyond its current 500,000-track catalogue and 90,000 users. (Tech Digest, The Guardian)

WE7 Grabs $6 Million From Peter Gabriel, Sparks and Eden

We7, the ad supported music download service has secured an additional $6 million in Series A funding. The round was led by musician Peter Gabriel and Spark Ventures alongside Eden Ventures whole will join the management team. (Hypebot)