XM Satellite Radio just announced it has acquired Effanel Music Inc. Effanel Music are leading live music, remote and mobile recording specialists. They've developed a sterling reputation for delivering high-quality live broadcasts and recordings for major television networks, record labels and A-list talent. Ranging from large-scale, multi-artist concerts and festivals (like The Grammys, MTV Video Music Awards, U2, Madonna, The Dave Matthews Band, Santana, The Lincoln Center Jazz Orchestra, to name a few) to intimate club performances, to multi-channel post-production work.
With Effanel, XM now has a built-in mobile recording and broadcast division that enables them to air live music, sports and entertainment events from anywhere in the world in 100% pure digital sound.
Financial terms of the deal were not disclosed.
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