Around the Net

UBC Buys 7digital In Reverse Takeover

  • Guardian, Wednesday, May 21, 2014 8:27 AM
Radio company UBC has bought digital music service 7digital, for GBP16.5m in a reverse takeover to create a global music and radio business. 7digital provides music services for the likes of Samsung, HTC and Pioneer, and under the deal will control 75% of the new company. UBC supplies multimedia content to the BBC and 250 commercial radio stations and powers the UK RadioPlayer's station listings and search function.

Read the whole story at Guardian »

Next story loading loading..