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Social music site receives funding from record labels

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Old Apr 30, 2008, 09:14 PM   #1
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Social music site receives funding from record labels
Social networking site MOG said Wednesday it had received an additional $2.8 million in funding, some of it coming from Universal Music Group and Sony BMG.

The site has around a million unique users a month according to company statistics, and promotes itself as a destination for music enthusiasts to discover new music and connect with others who may have similar music tastes.
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