FreeAllMusic Gets $650K Funding For Facebook Fan Page Music App
Free All Media will announced a $650,000 private equity bridge capital investment today to expand FreeAllMusic.com, an app that connects free music downloads with brand campaigns on Facebook Fan pages. The funds will be used to add support for mobile and other social networks.
A Facebook rule requires consumers to interact with brands at least bimonthly, and FreeAllMusic hopes to benefit from that. Newly appointed Free All Media CEO Habib Khoury told MediaPost that their music app provides marketers with an opt-in approval that allows the brand to continue to send promotional materials to their Facebook Fans.