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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

May 5, 2006 at 2:41 PM

Loudeye’s sublease deal

Seattle-based digital music company Loudeye has sold its U.S. operations to entertainment directory provider Muze for $11 million and, though it will continue as a publicly traded company, with a handful of executives here, about 40 employees are heading to Muze.

Today, Loudeye said in a regulatory filing that Muze is going to sublease 42,000 square feet at Loudeye’s offices on Rainier Avenue South in Seattle, and will pay half the rent, or $39,000 a month. Muze is going to sublease half of each office, server room, storage and common space.

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