Italian Social Media’s Dada Buying Music Box TV Channel
By Robert Andrews - Wed 09 Jul 2008 03:48 PM PST
You’re reading it here first... Italian social media entertainment operator Dada has bought a 10 percent stake in the owner of interactive on-demand TV channel Music Box for €750,000, as it aims to “become one of the main players in the online music market”. Dada is certainly getting busy. On Monday, it upped its stake in Italian blog network Blogo.it to 70 percent, and we understand more acquisitions are expected. More details on PCUK here.
Posted in: Countries, UK & Europe, Italy, Entertainment, Music, VC+M&A, Mergers & Acquisitions, Venture Capital
