Zvooq, a music streaming service in Russia and CIS countries backed by major Western labels, is suing Yandex for $29 million. It accuses the Russian search giant of poaching key Zvooq staff for its own music streaming service, in contravention of an NDA the two parties allegedly signed in February of this year. Zvooq, which is run out of Moscow but legally based in Cyprus, charges Yandex… Read More http://ift.tt/2fvxyFa
Thursday, 24 November 2016
Zvooq, Russia’s Spotify, sues Yandex for $29M after key staff were allegedly poached
Zvooq, a music streaming service in Russia and CIS countries backed by major Western labels, is suing Yandex for $29 million. It accuses the Russian search giant of poaching key Zvooq staff for its own music streaming service, in contravention of an NDA the two parties allegedly signed in February of this year. Zvooq, which is run out of Moscow but legally based in Cyprus, charges Yandex… Read More http://ift.tt/2fvxyFa
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