News Corp said on Wednesday that it was selling off Fox Mobile to the investment group Jesta. The terms of the deal weren't given but offloaded Bitbop, its fledgling TV streaming service. Online ringtone shop Jamster and Mobizzo were also included with the deal, whose terms weren't given out.
Mobile entertainment firm Jamba (known as Jamster in the US) today claimed it would be the first company of its kind to offer cellphone music without digital rights management (DRM) in Europe. The firm says it has signed a deal with music label EMI that allows the company to be one of the few to sell music without copy protection both for computers and for many cellphones, and has developed a unique dual-format delivery system. On computers, the service supplies larger but more universal MP3 files; cellphones are sent more tightly compressed AAC+ files that more readily fit on their limited storage without losing as much quality as other formats.
