Samsung Acquires mSpot to Provide Entertainment on Mobile Devices

  • Samsung has acquired mSpot, a mobile entertainment start-up that streams movie rentals from companies including Sony, Disney, Paramount, NBCUniversal, Lionsgate, and Warner.
  • Financial terms have not officially been disclosed, but earlier reports place the acquisition in the $8.8 million range.
  • According to TechCrunch: “mSPot also offered a cloud-based music service, which let you upload your music to the cloud, and stream this content from a multitude of devices, ranging from PCs, Macs, to the iPhone, iPad and Android. Last year the company launched a Pandora-like radio-service for personal music collections.”
  • Samsung says it will use mSpot to provide an “entertainment experience of music, video and radio services for users of Samsung devices, while extending mSpot’s cloud and streaming solutions to a broader base of global entertainment fans… mSpot’s entertainment services will be a key integrated offering on newly announced Samsung mobile devices.”

No Comments Yet

You can be the first to comment!

Leave a comment

You must be logged in to post a comment.