Tesco has sold Blinkbox Music to Australian music streaming service Guvera today for an undisclosed sum. Guvera will use the acquisition to expand into the UK and Western Europe.
Blinkbox Music has 2.5 million registered users. Guvera, meanwhile, operates in 20 countries across Asia, Australasia and the Americas.
Tesco sold Blinkbox’s video streaming service to TalkTalk earlier this month, along with its broadband and voice services. Tesco has also announced that it is closing its ebooks service, Blinkbox Books, at the end of February.
➤ Guvera acquires blinkbox Music [Blinkbox News]
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