Stingray buys Latin American music service DMX Media

MONTREAL – Music services provider Stingray Digital announced Friday that is buying all of the assets from Mood Media Latin America’s residential digital music service, known as DMX Media. Financial terms of the deal were not disclosed.Based in Miami, DMX Media offers music channels tailored to local tastes through Pay TV service providers in Mexico, the Caribbean, and in Central and South America. DMX Media’s services will continue to be offered to existing customers for now, and the integration of the company and its management structure will begin immediately.“DMX Media Latin America is an ideal fit for us, since there...