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.
Mog Went For A Song. Htc Says Beats Paid Only $14m For The Music Streaming Service
Ingrid Lunden, TechCrunch
Tue, 07/03/2012 - 7:34am
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
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more