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Beats Electronics Set To Buy MOG

post by KM

white beats by dre headphonesAccording to several sources, Beats Electronics will be purchasing music subscription service MOG.

MOG is a music subscription service that offers free streaming music, as well as, a paid version that works on both iPhone and Android devices. The service currently has 500,000 active users, as noted by MOG CEO David Hyman.

Peter Kafka of AllThingsD believes that Beats Electronics' main interest in MOG is in their deals with the major music labels, and the front end of the music service it has built.

For further information regarding this acquisition, check out the Peter's post.