Wednesday, 6 March 2013

Beats gets $60 million

Beats has secured $60 million in new investment to help develop and launch its new streaming music service, which should go live later this year. The venture, co-founded by Jimmy Iovine is being led by Topspin founder Ian Rogers with creative input from Trent Reznor. It will operate through a separate company, a subsidiary of the headphone-making Beats Electronics firm.

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