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 »
Mobile handset maker HTC has bought music subscription service MOG, according to a rumor reported by Business Insider. We haven’t been able to verify the rumor, but have also heard that term sheets have been going back and forth between the two companies. Read more »
HTC, one of the earliest champions of smartphones seems to have fallen on hard times. But the Taiwanese phone maker isn’t ready to call it quits and is said to be working on a slew of new products including a music streaming service – relatively soon. Read more »
HTC spent $300 million to buy majority of Beats Electronics, a lifestyle brand that makes headphones. That deal might buy the company coolness but it might not be enough for a company fighting a tough fight with well funded and more motivated rivals like Samsung. Read more »
