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Chat app Line buys MixRadio music streaming service from Microsoft

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Microsoft sold its MixRadio streaming service to Line, the favored Japan-based messaging app. The 2 firms announced the deal today, although neither disclosed the monetary phrases of the acquisition.

It’s hardly shocking information, since Microsoft picked up MixRadio as part of its acquisition of Nokia’s Gadgets and Companies Division. The corporate already has its personal Xbox Music subscription streaming service, and a Microsoft memo leaked earlier this year confirmed that MixRadio was up on the market. It’s one other software program product from the Finnish enterprise that received’t be persevering with below the Microsoft umbrella – Nokia’s HERE maps division was spun out into its personal firm earlier this yr.

4-Hero-mixradio-2000x1000-jpgLine, which is likely one of the front-runners within the burgeoning chat app area alongside apps like WhatsApp and Kik, simply launched its personal Line Music service earlier this yr. MixRadio will proceed as its personal service, headquartered in Bristol, England, and can proceed to offer its service for Lumia telephone homeowners.

2014 has been a giant yr for streaming music firms – Apple purchased Beats in June for $3 billion, whereas Google simply launched one other music streaming service based mostly on YouTube final month, and Amazon launched a brand new Prime Music service for members of its Prime subscription program.

The deal is predicted to finish in 2015.

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