Wayne Taylor
When beleaguered streaming music provider Guvera placed two of its subsidiaries into administration and wielded the axe to staff numbers this week, few observers were surprised.
After all, the Gold Coast-based company, which generated a loss of $81 million last year, on just $1.2 million in revenue, was recently blocked from attempting to list on the ASX, following an unprecedented intervention from the exchange…
Read the full article at: http://www.afr.com/technology/guvera-and-streaming-musics-broken-business-model-20160629-gpulft