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December 12, 2013

Rdio to launch In 20 new countries

Streaming music provider Rdio has launched its services in 20 new countries, reaching 51 new different international markets. The new countries in that group of 20 include much of Latin America, as well as parts of Europe and Africa.

Argentina’s Globant to hold IPO in first quarter of 2014

The Buenos Aires-based technology-services provider Globant SA (GLOB) is planning to hold its initial public offering early next year.
The company will be selling shares on the New York Stock Exchange during first quarter of 2014. Globant is expecting to raise US $86.3 million in the IPO.

Meruelo Group to purchase Los Angeles radio station KDAY

Meruelo Media, Southern California’s leading minority-owned media group and the owner of Spanish language television stations MundoFOX 22 and Super 22, has announced the purchase of KDAY 93.5 FM, Los Angeles’ original hip-hop and R&B radio station.