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Tesco bolsters digital services with We7 purchase
UK supermarket giant Tesco has revealed that it has bought a 91 per cent stake in music streaming site We7.The move is yet another bid by Tesco to increase its digital portfolio, with We7 nestling nicely next to online movie provider BlinkBox – a service Tesco bought back in 2011.The share buyout has cost Tesco £10.8 million but it now has control of over 11 million audio tracks – and a decent music platform that offers music streaming and personalised radio functionality.This is a shrewd move by Tesco and TechRadar...
Published By: Tech Radar - Thursday, 14 June, 2012
