Roxi hires Canaccord Genuity for possible London IPO

Roxi has hired broker Canaccord Genuity to prepare for a possible flotation on the London Stock Exchange in 2021.

According to the Mail on Sunday, the streaming music firm's backers include Kylie Minogue, Robbie Williams and Alesha Dixon, with the former's stake likely to be worth over £1m if the float goes head.

Other high-profile backers of the company founded by Rob Lewis are Sheryl Crow, ex-McLaren boss Ron Dennis, alongside Universal, Warner and Sony.