MTVN Europe, Loudeye Expand Online Stores

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MTV Networks Europe and Loudeye Corp. will launch online music stores in Spain and Italy, the two companies said Wednesday.

Loudeye's “OD2” services currently power MTV digital-music stores in the United Kingdom, France, Germany, Italy and the Netherlands.

The online stores feature access to high-quality legal music downloads, as well as localized content specific to each country.

“We are delighted to have renewed our successful partnership with Loudeye's OD2 services, an affiliate of nearly four years, during which time we have witnessed a period of significant growth in the digital-music market," MTVN Europe vice president of strategy and development for Europe Graham Saxton said in a prepared statement.

"Through our partnership with OD2 and the expanded agreement announced today, we are able to ensure that MTV is at the forefront of key music markets across Europe,” he added.