Napster Group PLC (LON:NAPS) CEO Anthony Matchett tells Proactive the group is gearing up to re-launch the newly update music platform, integrating the virtual reality group MelodyVR and the Napster music streaming businesses.
Matchett says he sees a 'huge gap' in the market for a music service dedicated to music fans and one that holds all of an artist's repertoire.
He adds that by around 2023, the group hopes to generate around $500M of revenue, hinging on the re-launch of the platform.