The rock star, who died at age 69, created some of the world’s biggest hits.

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By Se Young Lee SEOUL (Reuters) – Chat app operator Kakao Corp on Monday unveiled a $1.6 billion (1.9 trillion won) deal to buy control of South Korea’s top music streaming service provider, tapping the market for Korean pop to diversify revenues and even expand offshore. The South Korean firm said it would buy a 76.4 percent stake in MelOn streaming service operator Loen Entertainment Inc for $1.6 billion. The deal, Kakao’s biggest since its 2014 all-stock merger with web search operator Daum, gives the mobile chat company access to the biggest streaming service user base in South Korea as well as a library of popular music content.

British music legend David Bowie has died after a long battle with cancer, his official Twitter and Facebook accounts said Monday, prompting an outpouring of tributes for the innovative star. A notoriously private person, Bowie's death came as a surprise just days after he had released his 25th studio album "Blackstar" on his 69th birthday on Friday. "David Bowie died peacefully today (Sunday) surrounded by his family after a courageous 18 month battle with cancer," said a brief statement posted to both his Twitter and Facebook accounts.

Apple's streaming service Apple Music has surpassed 10million subscribers.