Beats raises $60 million for new music streaming service launching this year


See on Scoop.itRule 4081

Billionaire mogul Len Blavatnik is part of a group that will invest $60 million in Daisy, the subscription music service announced in January by the makers of the Beats by Dr. Dre headphones, music…

MizWalidah‘s insight:

This is the gold rush of the second decade of the 21st century. And no different than what happened after Edison invented the phonograph record and music then became a commodity will these companies manifest a music industry based on everything but. 

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