Warner owner leads $60m investment in Beats By Dre streaming service

The creator of Beats By Dre headphones has secured a $60 million investment led by Access Industries, the owner of Warner Music Group, for its new Spotify rival dubbed 'Daisy'.

The money from Access founder Len Blavatnik - as well as Marc Rowan, James Packer and entities affiliated with Lee M. Bass -  has allowed Daisy to become a stand-alone company.

The platform - which Beats promises will 'solve the current digital music problem by bringing the emotion and cultural context ...

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Start free Trial

Register for a Music Week trial to access this article. Sign up today and you will receive:

  • 4 weeks access to news, features and chart analysis
  • 4 Digital issues of Music Week
  • The Music Week app
  • Tailored email news alerts
Start your free trial


If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...