Looks like the reports that have been in play for months now have finally been confirmed: Beats Electronics, known best for their hip Dr Dre headphones and partly backed by HTC (who had also been a rumored MOG buyer), is indeed buying the music streaming service MOG, with the acquisition now confirmed by both sides. The move will give MOG -- struggling to grow against the runaway success of Spotify -- a new lease of life tied to a specific hardware maker; and Beats another step up on the consumer electronics experience, following in the mold of Apple in providing the whole package from one brand. "The addition of MOG's music service to the Beats portfolio will provide a truly end-to-end music experience," David Hyman, the founder and CEO of MOG told USA Today.

Topics:  beats electronics   dr dre   htc   spotify   david hyman   ceo   usa   today   march   beats   mog   acquisition   confirmed   experience   music   play   confirmation   service   
BING NEWS:
  • Beats Electronics
    In order to differentiate itself from other smartphone vendors, HTC has invested $300 million in the manufacturers of Dr Dre headsets, Beat Electronics ... With Beats by Dr Dre branding, HTC will aim to attract youngsters with its smartphones.
    09/23/2014 - 4:13 pm | View Link
  • Telstra still Beats the MOG drum, not yet affected by Apple's acquisition
    the telco confirmed that MOG would be replaced by Beats Music streaming service later this year. But with another acquisition, questions have again arisen over the future of the unmetered music streaming service for Telstra customers. While rumours began ...
    05/28/2014 - 11:48 pm | View Link
  • Dr. Dre on Apple's Beats acquisition: I'm the 'first billionaire in hip hop'
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    05/9/2014 - 2:48 pm | View Link
  • Apple in talks with headphone maker Beats over €2.3bn takeover
    Apple is orchestrating a $US3.2 billion (€2.3bn) acquisition of headphone make and music streaming distributor Beats Electronics, according to a report. Citing people familiar with the negotiations, The Financial Times reported that Apple could announce ...
    05/8/2014 - 11:52 pm | View Link
  • Beats’ Acquisition Of MOG Confirmed: ‘Beats Was Never Just About Headphones’ [Updated]
    ... backed by HTC (who had also been a rumored MOG buyer), is indeed buying the music streaming service MOG, with the acquisition now confirmed by both sides. The move will give MOG — struggling to grow against the runaway success of Spotify — a new ...
    07/11/2001 - 9:00 pm | View Link
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