News - 22/11/2012

MOG founder Hyman steps down from CEO of the company

MOG founder Hyman steps down from CEO of the company

David Hyman, founder of Music on the go (aka MOG), stepped down as CEO of the company on November 20, just months after selling it to Beats Electronics. After the sale Hyman was to stay on as CEO while reporting directly to Beats COO Luke Wood.

According to a Beats rep "effective immediately, David Hyman will be stepping down from his role as CEO of MOG, but will continue working closely with the company as a strategic advisor".
Hyman himself confirmed his choice via Facebook writing: "MOG... my child, it's been a long great journey. But like Sting said, 'If you love something, set it free.' You're in good hands at Beats. I'm looking forward to my first real break since 1994. Nepal? Kauai? Taking a year off. Do not disturb".

MOG is a paid subscription online music service and blog network, where subscribers can listen to and read about music. It has long ranked far behind subscription leaders Rhapsody, Spotify and Muve Music. The last public figure Mog gave was 160,000 average monthly users, a number that includes both paying subscribers and users of its free on-demand service.

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