Including this grant the group, which is best known for publishing Clash Magazine, will invest £500,000 in its digital platform, www.clashmusic.com, adding 18 jobs.
The new jobs will resource the expansion of all online channels across news, reviews, features, festivals, gigs, events, tickets, audio visual and downloads, as well as creating more interactive and social community features.
Clash managing director John O'Rourke says, "We now have the opportunity to develop the platform with more applications that will captivate our unique community of music tastemakers and help realise our global aspirations. Clash will continue to concentrate on quality in both our content and delivery, streaming many exclusives and adding new channels, all of which shall see the level of growth continue."
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