Loudeye Corp. (LOUD)

[fmikehugo]

Loudeye for sale? BusinessWeek Online 2/4/05

THE NEXT LEVEL. Several years ago, Mike Brochu took software maker Primus Knowledge Solutions (PKSI ) public. He also led negotiations that resulted in the $1.1 billion sale of game maker Sierra On-Line. So, on Feb. 1, when he was appointed CEO of Loudeye (LOUD ), whose technology powers digital-music stores, the move raised eyebrows. Hmm. Could Loudeye be up for sale?

Sorta. "Should someone come along and appreciate the [company's] value, I've always retained an open mind," Brochu tells BusinessWeek Online, adding that "there are always interested parties." So, Brochu, who took over after the previous CEO, Jeffrey Cavins, resigned, is in no hurry. Brochu says he's the guy to take Loudeye to the next level. "That's my forte." Cavins will stick around in -- what else -- an advisory role.

http://yahoo.businessweek.com/bwdaily/dnflash/feb2005/nf2005024_0940.htm