All Press Releases for February 08, 2016
Streaming Music Company with 300,000+ Users Is Seeking Buyers
A cloud music company which has accumulated more than 300,000 registered users is seeking new ownership. The founder and current owner, a medical student, can no longer run it due to time constraints and is exploring acquisition opportunities.
NEW YORK, NY, February 08, 2016 /24-7PressRelease/ -- The current owner, wishing to maintain his privacy, has issued the following statement:
"I currently own 100% of a streaming music service that I founded in 2010. The service has accumulated more than 300,000 (three hundred thousand) users, but I am a medical student and can no longer run the company due to time constraints. As a consequence, the number of active users is decreasing and the website needs minor maintenance. The website and mobile apps were developed by a world-class development team so the quality of the code is excellent. This company needs to be in the hands of the right people in order for it to reach its full potential."
He added, "Even if you are starting your own streaming/cloud music service and don't want to start from scratch, acquiring this service would be a great opportunity since it is already built. You can hit the ground running with not only the ready-made code, but the large user base as well."
"I understand this is an unusual way to begin a business relationship, so thank you for understanding. With the right leadership this will be a very worthwhile investment. I am open to all offers," he continued.
Please send an email to Chris Paul at [email protected] if you are interested in taking over the company and would like to discuss an acquisition in further detail.
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