Demekon Entertainment AG

Headquarters Montreal, Canada

Sector Non-Core

Demekon Entertainment AG provides a software called musicmonster.fm which enables customers to automatically search hundreds of radio streams and record and save their favorite songs. Customers can set individual wish lists and automatically record as many songs as they want from more than 1.4 million songs that are currently being streamed by the various radio stations. The songs are being saved as MP3 files on the customer's hard drive. The service is legal in Germany and all songs are DRM free as German copyright law says it's a "private copy". Demekon Entertainment generates revenues via a monthly submission fee.

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