Adding a YouTube integration, AmpMe raises $8 million for its app syncing phones into a single…

AmpMe, the Canadian app development company responsible for a syncing technology that links mobile devices into a networked speaker system, has raised $8 million in a new round of financing and is adding a YouTube integration to its service. […] The YouTube integration is a savvy nod to the way that music is consumed online these days. In an interview with the LA Times, Jimmy Iovine (the music mogul and one of the architects of the billion-dollar Beats deal with Apple) bemoaned that YouTube accounts for 40% of music consumption online and 4% of revenue for the music industry. – Jonathan Shieber, TechCrunch http://ift.tt/1sfQnQf