Source: Thumbplay Music Close To Getting Sold; Fate Of Ringtone Ops Unknown

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MocoNews has learned that mobile entertainment company Thumbplay is getting sold. Its cloud-based music service, Thumbplay Music, may be going to a “traditional media company”, with the deal expected to close this week, possibly as soon as today; while the fate of Thumbplay’s other main line of business—selling ringtones, games and other casual mobile entertainment—is still unknown.

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