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Streaming aggregator TuneIn is being acquired by Stingray Group in a transaction valued up to $175 million. The agreement will see TuneIn, which will continue to operate under its existing brand, integrate its streaming and ad platform with Stingray’s distribution network.
“Streaming aggregator TuneIn is being acquired by Stingray Group in a transaction valued up to $175 million. The agreement will see TuneIn, which will continue to operate under its existing brand, integrate its streaming and ad platform with Stingray’s distribution network.”출처
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Stingray acquires TuneIn in $175 million deal
Advertisers can now reach TuneIn's streaming audio listeners through Stingray's expanded distribution network after the $175 million acquisition.
Radio streamer TuneIn acquired for $175M
Founded in 2002, TuneIn was an early player in the online music space. Unlike rivals such as Apple Music or Spotify Premium that offer ad-free, subscription-based music on demand, TuneIn focused on streaming traditional radio stations over the internet.