Italian Social Media's Dada Buying Music Box TV Channel
This story was written by Rafat Ali.
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.
By Rafat Ali