RealNetworks doubles its stake in Napster for up to $40m
Posted on: 23 janvier 2019, by : Stuart Dredge

RealNetworks has announced that it has doubled its stake in music-streaming service Napster to 84%, after agreeing a deal with co-owner Columbus Nova Technology Partners. RealNetworks is paying $1m in cash up-front, a further $14m “over time subject to certain conditions”, although the final bill could reach $40m if Napster is sold (or has a “similar liquidity […]
The post RealNetworks doubles its stake in Napster for up to $40m appeared first on Music Ally.
Source: Music ally

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