LONDON (CelebrityAccess) — The UK-based virtual reality music company MelodyVR has announced plans to acquire venerable digital music brand Napster/Rhapsody International from RealNetworks.
The deal, worth $70M, was completed for $15M in cash, $11M in MelodyVR stock, and assumption by MelodyVR of approximately $44M in payment obligations, primarily to various music industry entities.
“Rhapsody and Napster have travelled a long and winding road,” said Rob Glaser, Chairman and CEO of RealNetworks and Chairman of Napster.
With everyone else having weighed in on Crazy Rich Asians, my generally well-disguised FOMO (fear of missing out) has encouraged yet another foray. But what were these types like in the past?
Then, as now, no shortage existed in a society so wholeheartedly dedicated to the ostentatious pursuit and enjoyment of money. One key difference was that until the post-war Shanghainese influx, Hong Kong’s seriously rich local Chinese seldom displayed their wealth – or themselves.
Back when I started dreaming up a cookbook I would one day write, all I knew is what I didn’t want: I did not want to work every weekday, weekend and evening on it, I did not want to set an insanely close deadline and then have to hastily throw together a book I wasn’t pleased with and above all else I did not want the time I had to devote to this web space to become squeezed, although I understood that there would probably be a harried point right near the end that all three rules could be suspended for a good cause.
Taylor Swift already had a staggering net worth before she embarked on her sell-out Eras Tour - but thanks to its success, she has seen her wealth skyrocket and has now become a billionaire at the age of 33.
According to the Bloomberg Billionaires Index, Taylor is one of a handful of entertainers to reach that status based on music and performing alone. Just her tour is expected to gross $2.
The Today with Hoda & Jenna star's outfit choice was the centre of a new discussion Hoda Kotb is one of the most popular daytime television presenters and when it comes to fashion, she rarely puts a foot wrong.
MORE: Hoda Kotb reveals happy family celebration about her growing family
What's more, the TV star found herself at the centre of a new discussion on Instagram this week after fans were given the opportunity to decide what outfit she would wear on Wednesday morning.