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7digital taking a write-off of Guvera debts

7digital announced that it is writing off the remaining debt it is owed by troubled streaming service Guvera. “After careful consideration and extensive negotiation with Guvera, we believe that receipt of further payments is now in doubt and have therefore made a provision against the full outstanding balance of £733,000,” the B2B digital music provider said. Continue Reading

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Founder explains how Guvera is misunderstood, as creditors descend

In the midst of Guvera’s precipitous contraction in the last month, during which is was blocked from launching an IPO in the Australian market and closed the service in half of its operating territories, founder Claes Loberg says everybody misunderstands. In a video called “This Is Guvera” (see it below this article), Loberg holds forth on the service’s founding purpose. Continue Reading

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Guvera teams with TV for its latest branded channel

Guvera has entered a partnership that will see it highlighted on the Asia’s Next Top Model television show. The streaming platform will be tasked with curating music for the program’s runway shows. Guvera has also launched a brand channel for the show in its app, which collects both music and video from the reality program. Continue Reading