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Napster Group gears up for re-launch of the newly updated version of its music streaming platform

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Napster Group PLC (LON:NAPS) CEO Anthony Matchett tells Proactive the group is gearing up to re-launch the newly update music platform, integrating the virtual reality group MelodyVR and the Napster music streaming businesses.

Matchett says he sees a ‘huge gap’ in the market for a music service dedicated to music fans and one that holds all of an artist’s repertoire.

He adds that by around 2023, the group hopes to generate around $500M of revenue, hinging on the re-launch of the platform.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/948368/napster-group-gears-up-for-re-launch-of-the-newly-updated-version-of-its-music-streaming-platform-948368.html



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