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Home > Magazine > Article Archive > News

News: Rupert Murdoch Bets $77 Million on Beyond Oblivion
Posted on Tuesday, March 08, 2011 @ 20:03:05 UTC
Topic: Industry News

Beyond Oblivion, the online music marketplace partly owned by Rupert Murdoch's News Corporation, has secured $77m in additional investment ahead of its worldwide launch later this year. The fledgling company plans to unveil its "liberated music" marketplace in September. Negotiations with the four major record labels are at a "very advanced stage", according to the Beyond Oblivion founder and chief executive, Adam Kidron. Complete Article





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