26 02 10

MOG raises $9.5m for international expansion

CLICK HERE TO SUBSCRIBE. WHY? HERE'S WHY

Access our full reports archive - hundreds of reports available to download
Sign up for a TWO WEEK TRIAL FOR FREE

US streaming music service MOG has raised $9.5 million of new funding from Menlo Ventures and Balderton Capital, which it plans to use to launch mobile apps, as well as to launch the service in the UK – its first territory outside North America. In December, MOG launched its All Access subscription service, which costs $5 a month. The company hasn’t released details about subscriber numbers, but boss David Hyman tells All Things Digital that 17% of people who use its free trial have been converted into paying subscribers. MOG is looking to take on Spotify with its entirely web-based service, which ties into social features and editorial content. Source: PaidContent

Like what you’ve read here? This is just a snippet from our subscription service.

Our subscribers get the most important digital music news and analysis delivered to them every morning and full reports every week plus access to a massive archive of data and previous reports.

For a free two week trial of Music Ally, sign up here. No strings attached – we promise!

Guest;Free;Trial;Subscriber

Music Ally
READ MORE: News
TAGS:
Leave a Reply

(All fields required)