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$120m hostile bid for Music Choice

Music. Stingray Digital Group, the Montreal-based provider of digital music services for TV, mobile, gaming, retail, etc has made a $120m unsolicited offer for Music Choice, the 27-year-old NYC-based network of 50 genre-based pay-TV channels for music (i.e. all those music channels you forget are in your cable package but have been part of the padding for years). Music Choice is a partnership co-owned by Comcast, Charter, Cox, Sony, AT&T’s WarnerMedia, EMI, Arris, and Microsoft. Stingray produces audio TV channels, premium TV channels, karaoke products, digital signage, in-store music and music apps, and claims to reach 400m consumers in 156 countries.

Stingray Digital