Nokia, Loudeye Team For Wireless Music Service

Deal follows Apple/Motorola pact.

Loudeye Corp., the Seattle-based digital media service provider, is developing a digital music platform for mobile handset manufacturer Nokia. The multi-year agreement includes a multimillion-dollar commitment to Loudeye for "development fees and defines a global collaboration framework between the companies." Specifics of the deal were not available at deadline.

The announcement comes on the heels of Apple Computer's recent pairing with handset manufacturer Motorola, under which the iTunes music player will be introduced to next-generation phones. Motorola's devices are expected to bow in the first half of 2005.

Loudeye president/CEO Jeff Cavins says the company will share details about the new Loudeye platform in the coming months.