Money Monday: RoyaltyShare and Helio
ROYALTYSHARE ADDS MUSICALC
san diego-based digital media tracker RoyaltyShare acquired UK-based Musicalc. Musicalc provides royalty accounting services and software and enables RoyaltyShare to expand into Europe and the publishing market. The acquisition price was not announced.
MOBILE CARRIER HELIO RAISES $200M MORE
Helio, a joint venture between Earthlink and SK Telecom, will be receiving more money from the parents. The companies have committed to extend up to $200 million more. Helio is a MVNO, a mobile virtual network operator, that runs primarily on Sprint Wireless. Amp'd Mobile, another leading MVNO, recently closed its business.
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