Beyond Oblivion, a US-based digital music market, has raised $77m from a consortium of corporate venturing groups to buy worldwide content rights and make its commercial launch.

Wellcome Trust, a UK-based charitable foundation with £2.1bn ($3.4bn) in venture and growth capital, was joined in Beyond’s latest round by media conglomerate News Corp, investment bank Allen and Intertrust Technologies, a digital rights management company with three portfolio companies (the others are Seacert and SyncTV). Talal Shamoon from InterTrust was a director…

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