trending Market Intelligence /marketintelligence/en/news-insights/trending/qh-Fyxozqib2M4iA6LtzHw2 content esgSubNav
In This List

Stingray abandons Music Choice deal

Blog

Banking Essentials Newsletter: July 10th Edition

Blog

Investment Banking Essentials: July 10

Blog

AI in Action: Applications of ChatGPT for Textual Feature Extraction

Podcast

Next in Tech | Ep. 175: Metaverse Advances


Stingray abandons Music Choice deal

Media and entertainment company Stingray Digital Group Inc. has ended plans to buy Music Choice Inc., which produces music programming and music-related content.

Stingray made an unsolicited offer to buy Music Choice for US$120 million in August 2018.

The company said Jan. 2 that it does not plan to offer any additional comments regarding the matter.

In other news, Stingray noted it recently entered into a distribution agreement with Altice USA Inc. The deal will bring 50 Stingray Music audio channels and music videos from Stingray's on-demand catalog to Optimum and Suddenlink Communications subscribers.