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August 29, 2007

Nokia relaunches Loudeye's music service

Posted by Tricia Duryee at 12:19 PM

Today, in London, Nokia announced a new series of Internet services for the mobile phone.

The brand name for the services will be Ovi, meaning 'door' in Finnish.

Ovi will allow users to have more access to communities and content. As part of Ovi, Nokia announced today a new music service, N-Gage video game strategy and Nokia mapping services.

The event is fairly important for Nokia as it shifts from being primarily a handset manufacturer to a multimedia services company.

"The industry is converging towards Internet driven experiences and Ovi represents Nokia's vision in combining the Internet and mobility. Nokia is the number one mobile device company in the world. Looking into the future, we will deliver great devices, combined with compelling experiences and services, to make it easy for people to unlock the potential of the Internet," said Nokia President and Chief Executive Officer Olli-Pekka Kallasvuo.

The music service is based on the technology Nokia bought from Seattle-based Loudeye for $60 million a year ago.

To flush out its Internet services even more, last month Nokia also bought Redmond-based Twango, a photo and media sharing and storage service (for a reported $96.8 million). Perhaps, Twango will be the next service that's integrated into Ovi?

Nokia used the Twango service to post online some photos from today's press conference.

Check it out:

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Tricia Duryee
Tricia Duryee
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