Digital Music Group Downloads Chancellor

Digital Music Group Inc., which distributes songs to online music stores, announced Monday that it has acquired Chancellor Records, a label that recorded such '50s and '60s pop stars as Frankie Avalon and Fabian.

Terms of the deal were not disclosed.

The purchase includes some 2,000 tracks in Chancellor's library, which DMG plans to sell through download sites like Apple's iTunes Music Store.

Sacramento-based DMG said it will convert some of the songs to cellular phone ring tones.DMG's stock closed Monday at $5.06, up 42 cents on the Nasdaq National Market.

-- Clint Swett Sacramento Bee