Vancouver's MetroLyrics acquired by CBS Interactive Music Group

Posted by Rob Lewis

Update: CBS has confirmed with a press release today.

Techvibes is at the Banff Venture Forum over the next two days and some of Canada's smartest entrepreneurs have descended on this resort town along with venture capitalists from across Canada and south of the border.

One of the by-products of having so many Silicon Valley venture capitalists in one place at one time is that there is a fair amount of chatter.

At the GROW 2011 Conference Techvibes broke the story of Vancouver's Zite being acquired by CNN which was confirmed a week later.

Today we have a similar story. Word on the street (or at least at the Fairmont Banff Springs Hotel) is that Vancouver's MetroLyrics has been acquired by CBS Interactive Music Group. A quick glance at their site seems to confirm that fact as the site footer is clearly branded with CBS's logo.

Founded in 2004 by SFU student entrepreneur Milun Tesovic and Alan Juristovski, MetroLeap Media is a provider of entertainment content within the music Internet market. Its flagship site, MetroLyrics.com is the most trafficked lyrics site worldwide and has been on top of our Canada Startup Index for years.

MetroLyrics was the first lyrics dedicated site in the world to provide its users with a fully licensed database of complete and accurate song lyrics, ensuring artists, songwriters and music publishers are properly compensated for the use of their copyrighted work.

Congrats to the MetroLyrics team.

Photo: The Globe and Mail

Company:
CBS Interactive - Metrolyrics
Website:
http://www.metrolyrics.com
Location:
Vancouver, British Columbia, Canada

MetroLyrics is the premiere destination for song lyrics online, with a legal database of over 700,000 titles. MetroLyrics is the most popular lyrics website worldwide, boasting the most comprehensive database of legal lyrics in the world with over 700,000 titles. With a best-in-class design and first-to-market social media sharing features, MetroLyrics is the web's premiere lyrics site. more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can... more



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