Music Network Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
RAY.B | C | Stingray Digital Group Inc. | 24.02 | |
RAY.A | C | Stingray Digital Group I | 7.05 |
Related Industries: Broadcasting
- Music Network
MNW is a Swedish record company and was founded in 1969 in Vaxholm as Music Network Corps AB by Sverre Sundman, Lorne deWolfe and Lynn deWolfe. After a financial crisis in the spring of 1971, the company was rescued by Tore Berger, from the group Gunder Hägg (later Blå Tåget), investing his own money and the company was transformed into Musiknätet Waxholm.
MNW was then one of the most important record companies in the music movement, focusing on Swedish musicians with Swedish texts, and political considerations often governed the publication. MNW Records Group was formed in 1993 when the company bought an other record company called Amalthea.
The right to release records was transferred to Push Music Group in 2004. The collaboration ended and Push Music changed its name to MNW Music.
On September 22, 2015 artist Johan Johansson (KSMB) won a lawsuit claiming that the MNW has put out music streaming services without a license.
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