Comment on MOG Went For A Song. HTC Says Beats Paid Only $14M For The Music Streaming Service

MOG Went For A Song. HTC Says Beats Paid Only $14M For The Music Streaming Service

Yesterday, Beats Electronics confirmed that it was buying the music streaming service MOG. Today, HTC, which invested $309 million in Beats last year, revealed to its shareholders just how much was paid: $14 million -- a song compared to the $4 billion valuation swirling around its competitor Spotify. The note, first spotted by the blog Unwired View, is embedded on HTC's investor relations site.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News