Blavatnik's Investment In Beats' Music Service Signals Major Change

SBN CEO

Administrator
Staff member
Beats Electronics, purveyor of the wildly successful headphones of the same name, announced late last night that billionaire Warner Music Group owner Len Blavatnik and a consortium of moguls will pour $60 million into Daisy, the company's nascent music streaming service. The move reveals a continued shift in how major record labels deal with disruption.

More...
 
Top