The market forces conspired against MOG, a music service and blog network started by David Hyman. The growing popularity of Spotify saw the company fall on hard times and was sold in pieces. One half went to Beats Audio & Townsquare media has bought the other half. Read more »
HTC has come clean on how much it spent on MOG, and it ain’t that much: The cell phone maker told his investors that it only forked over $14M for the music subscription service. The question is: Why did MOG sell for so little? Read more »
After months of speculation, it is finally confirmed that headphones maker Beats Electronics is buying online music service MOG. Beats is the company behind Beats by Dre series of iconic headphones and is part owned by handset maker HTC. Terms of the deal were not disclosed. Read more »
MOG, a streaming music service has been subject of acquisitions rumors, with phone maker HTC as the likely buyer. The really low valuation shows how far behind it has fallen behind current industry leader, Spotify, which ironically is being valued at a breathtaking valuation. Read more »
