Make your money go further for just 25p per day

​Coronavirus impact: 25 Aug – big ambition from this small AIM company

Napster logo

The digital world continues to offer plenty of promise, as our latest update here reveals.


MelodyVR: acquires Napster

AIM quoted creator of virtual reality content MelodyVR Group (LON: MVR) is acquiring Rhapsody International, which trades as the pioneering digital music brand Napster.

As the acquisition is classified as a reverse takeover MelodyVR shares have been suspended pending publication of an Admission Document which is anticipated to happen by the end of November 2020.

MelodyVR is paying $26.3m for Rhapsody, of which $15m is in cash and the balance by the issue…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world

REGISTER FREE

Become a Champion Investor for just £90 a year.
 
 

START FREE TRIAL

More on Melodyvr Group PLC

​Coronavirus impact: 25 Aug – big ambition from this small AIM company

25/08/2020 · Company Insights

The digital world continues to offer plenty of promise, as our latest update here reveals.


Coronavirus impact: 8 July - Boohoo shares continue to tumble, more resilience elsewhere

08/07/2020 · Company Insights

Despite announcing an independent review of its UK supply chain, shares in Boohoo Group continued to…


More on Next Fifteen Communications Group

Veterinary services are proving resilient

29/01/2021 · Company Insights

One of the UK’s largest veterinary services groups issued another strong trading update and the pet…


Vaccine countdown update: 19 Nov - some awful results here, but promise nonetheless

19/11/2020 · Company Insights

Leisure travel group Jet2 announced predictably diabolical results, but the business looks in much better shape…


More on PROACTIS Holdings PLC

Coronavirus impact: 29 Oct - red flag report doesn’t bode well, but it’s not all gloom

29/10/2020 · Company Insights

The latest red flag report from a leading business recovery group featured here suggests a tidal…


​Coronavirus impact: 25 Aug – big ambition from this small AIM company

25/08/2020 · Company Insights

The digital world continues to offer plenty of promise, as our latest update here reveals.


More Company Insights

Hostelworld: ripe for recovery or destined to disappoint?

08/03/2021 · Hostelworld Group PLC

Plenty of growth to enjoy here

This lesser-known hydrogen fuel cell company looks interesting