2 Dec 2002

Aspiro’s shares are bought by management

Aspiro, under reconstruction, sells its stake in LunarWorks to members of management and a private investor. 2.7 million unique visitors a month.

Rick wrote in your guestbookdraft

The owners changed, but the site was the same. That was what mattered to the members.

Acting CEO Vilhelm Schottenius is called the “commercial founder”: “while we are a free site … today we also manage to charge.”
360,000 people spend 40 minutes a day; forecast of 30 to 50% higher turnover in 2003.
Aspiro had been a part owner since the agreement in December 2000.
The Swedish advertising and media magazine Resumé on 2 December: “Lunarstorms ledning ökar ägandet” (Lunarstorm’s management increases its stake). By May 2003 CLS Holding had bought its way up to about 40%.

With: Vilhelm Schottenius