GETTING MIGHTY CROWDED: MOG is exploring a sale as it also looks for fresh funding, even as the company continues to grow and hire, the N.Y. Post reports. Declining to comment specifically on a sale, MOG said it is involved in a number of talks all the time as it “explores strategies in the best interest of investors and shareholders.” Several industry sources questioned what MOG would offer a potential buyer, considering it doesn’t own all of its back-end technology, and its music licenses with labels aren’t transferrable. Still, MOG has developed a stylish, user-friendly experience and advanced recommendation technology. It also has a growing advertising business. The sub service competes with Spotify, Rhapsody and Rdio, among others, and the space is primed for consolidation, according to industry insiders. Nonetheless, since Facebook’s music-sharing tools launched in September, MOG has reached more than 600k users with its free-tier service, and is adding about 5k a day, a source with knowledge of the numbers said yesterday. (2/29a)
THE COUNT: COLDPLAY IS HOT, COUNTRY'S COOKIN' IN THE U.K.
The latest tidbits from the bustling live sector (3/28a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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