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)
LATIN GRAMMY PREVIEW: HOME-FIELD ADVANTAGE
You can't tell the players without a scorecard. (7/26a)
| ||
THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
INDIE DISTRIBUTION'S RISE TO GLORY
The discovery engine is revving higher.
|