INgrooves, a leading provider of digital distribution, marketing and promotion services to the independent music community, announced on November 19 an agreement with 7digital, the UK’s leading digital media company.  7digital powers over 1,000 digital properties, including their own 7digital download stores in the UK, Ireland, Germany, France, Spain, Italy, Austria and Portugal. Under the terms of the agreement, music from INgrooves’ vast network of independent artists will be made available on the various 7digital websites.

“We are excited that music fans all over Europe will have access to INgrooves’ family of independent artists,” said Robb McDaniels, CEO and Founder of INgrooves. “7digital’s easy to use interface is in line with INgrooves\’ philosophy that delivering music digitally should be a seamless, uncomplicated process.”

“INgrooves works with some big name artists and labels and we are pleased to add these to our 4 million strong catalogue of tracks” comments Ben Drury, CEO of 7digital. “Digital music sales are increasing across the board in the UK and Europe and this partnership will ensure INgrooves artists’ music is available to the increasing number of digital music consumers.”

INgrooves’ growing roster of artists includes Dolly Parton, Thievery Corporation, Paul Oakenfold, John Michael Montgomery, Lady Sovereign, Too $hort, The Cool Kids, Tila Tequila and John Digweed.

About INgrooves
INgrooves is a digital media infrastructure company that provides various distribution and marketing services via its INgrooves and ONE Digital divisions.  ONE Digital is a proprietary software platform that provides distribution and administration to large distributors, record labels and film production companies at rates far below the industry standard. INgrooves provides clients customized distribution, marketing, promotion, synch licensing and administrative support to help maximize the earnings potential of specific releases or catalogues.    For more information, check out www.ingrooves.com.

About 7digital
Established in January 2004, 7digital is a leading digital media delivery company offering consumers access to a huge catalogue of legal music and video downloads, competitive prices and promotions, and high quality sound and video in various file formats including MP3 through 7digital.com.

7digital enables secure digital media delivery on behalf of record labels, artists, film and TV companies, retail and brand partners.  7digital’s clients include Universal Music Group, EMI, British Film Institute, ITV, Warner Music, MTV, Sony BMG, The Independent, and many more The Company has distributed content through over 500 partner sites including O2, MSN, ITV.com, Last.fm, Yahoo!, NME and XFM, and delivered tens of millions of digital products in hundreds of countries.

7digital is a privately held company backed by Sutton Place Managers and Balderton Capital (formerly Benchmark Capital).

News Corporation today announced the completion of its acquisition of Dow Jones & Co., Inc. pursuant to the previously announced merger agreement.

Under the terms of the merger agreement, each share of Dow Jones common stock was converted into the right to receive, at the election of the holder, either (x) $60.00 in cash or (y) 2.8681 Class B common units of Ruby Newco LLC, a wholly owned subsidiary of News Corporation. Each Class B common unit of Ruby Newco LLC is convertible after a period of time into a share of News Corporation Class A common stock.

All holders of Dow Jones common stock who prior to the election deadline submitted valid unit elections in accordance with the merger agreement and the election form will receive Ruby Newco LLC Class B common units in accordance with such elections.

Upon the closing of the merger, Dow Jones became a wholly owned subsidiary of Ruby Newco.

As previously announced, Natalie Bancroft was appointed to the Company’s Board of Directors effective upon the acquisition’s close.

News Corporation had total assets as of September 30, 2007 of approximately US$64 billion and total annual revenues of approximately US$30 billion. News Corporation is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers; book publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and the Pacific Basin.