British Supermarket behemoth Tesco has actually snapped up WE7, a streaming popular music service co-founded by Peter Gabriel that delivers customized radio stations to users for & pound; 10.8 million ($ 16.7 million). The UK’s most significant supermarket has actually acquired 91 percent of the company, with the staying stake set to be moved over shortly. It resembles the chain will definitely utilize WE7′s infrastructure and sources as the back for a beefier songs service as British grocery stores aim to transform into the amusement market following its purchase of Blinkbox last year.
Continue reading So, Tesco buys Peter Gabriel’s WE7 new music service for $ 16.7 millionSo, Tesco gets Peter Gabriel’s WE7 songs service for $ 16.7 million appeared on Engadget on Fri, 15 Jun 2012 05:53:00 EDT. Please see our terms for utilization of feeds. Permalink The Telegraph|| E-mail this|Remarks
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