Central regions | Telecoms, media | Finance, business

Savings bank to stream music?

8 Aug '19
Sberbank, Russias largest savings bank, has plans to launch a music streaming service in partnership with an existing market player, the Russian business daily Vedomosti reported, citing knowledgeable sources in the government-owned bank and an unspecified record label.

The bank is reported to have already agreed on terms with Zvooq, a Russian music service. If the partnership pans out, the two would most likely cooperate on a white label model, with the music service providing legal and technical support, as well as its library, and Sberbank developing its streaming service under a brand it chooses.

Word also came from the Vedomosti sources that Zvooq might not be the only potential partner Sberbank has been in talks with. Music services owned by Yandex and Mail.ru Group, Russias two largest IT companies, may also have been approached.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations:

Tags: Sberbank (663) / white label (0) / streaming service (0) / Zvooq (0) /

Latest News: Central regions
19 Aug '19 | Finance, business | Technology & innovation
19 Aug '19 | Technology & innovation
16 Aug '19 | Finance, business | Telecoms, media
16 Aug '19 | Technology & innovation
15 Aug '19 | Finance, business | Technology & innovation
 

Feature stories

25 Jul '19
Russian scientists have come up with a new method of...
26 May '19
This article has been written by Carl Burch, an MBA,...
4 Apr '19
Russian scientists have come up with what they say is...
Search (News archive - 21430)
Advertising
Vox_Angelis
Advertising
NATT
Advertising
Venture_Russia_2018
Advertising
Marchmont News

Latest News

19 Aug '19
Stickeroid AI, a machine learning developer of...
16 Aug '19
MTS, one of Russias main mobile operators, earlier...
15 Aug '19
International investors have given the Russian Direct...

Most read stories from last week

19 Aug '19
Stickeroid AI, a machine learning developer of...