Nokia to buy Loudeye

News.com reports on Nokia’s plan to acquire Loudeye.

“By acquiring Loudeye, Nokia can offer consumers a comprehensive mobile music experience, including devices, applications and the ability to purchase digital music,” Nokia said in a statement.

Seems that the momentum around enhanced multimedia is strong within Nokia and they are assuring that they can extend their current success with devices like the N91 and 3250 through the existing ecosystem Loudeye has established. Sounds quite a bit like an iPod / iTunes model actually and one that makes a lot of sense to me.

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