Music video streamer ROXi lands backing from US broadcasters

Music video streamer ROXi lands backing from US broadcasters

A music video-streaming service whose shareholders include the U2 bassist Adam Clayton will this week announce that it has sealed a management buyout after months of talks.

Report: streaming firm Roxi to announce management buyout

Roxi is the TV-focused music streaming service that has been setting its sights on the US in recent times. The post is from Music Ally.

Music video streamer ROXi lands backing from US broadcasters | Money News | Tech, Entertainment, Sport, Fashion, Travel News

A music video-streaming service whose shareholders include the U2 bassist Adam Clayton will this week announce that it has sealed a management buyout after months of talks. Sky News understands that the assets of MagicWorks, which trades as ROXi, have been sold to a new company called FastStream Interactive (FSI), with backing from two major US-based broadcasters. Sources said that Nasdaq-listed Sinclair and New York Stock Exchange-listed Gray M…