Your daily source of news for the digital music revolution.
dSounds.com is For Sale

HipSolve Media buyout

HipSolve Media, a small start up that has been working for the last few years on creating system to allow record labels a direct selling approach for digital music, is taking bids for acquisition of the company.

iHoopla is the product of HipSolve and is formulating how artists and labels distribute music. The company does this by offering music labels and publishers the ability to distribute their music directly to customers. The system includes all of the DRM necessary and is seen as a way to cut out the middleman, such as the iTunes Music Store.

The HipSolve website describes it as, Òthis makes it possible for content owners to take 100% control of their catalogs, keep 95% of their revenues and deposit online profits direct to their own merchant account in real time. There is no need to outsource digital distribution to current sites that want to split revenues. Taking control of how and when products are promoted, combined with robust back end tools, eliminates the headache and expense of hiring a web development team.Ó

Among many others Apple Computer has a $3.6 million bid in for the company.

For the full story:
Think Secret - Apple in talks to acquire HipSolve Media