{"id":286409,"date":"2025-11-12T01:46:08","date_gmt":"2025-11-12T01:46:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/286409\/"},"modified":"2025-11-12T01:46:08","modified_gmt":"2025-11-12T01:46:08","slug":"stingray-acquires-tunein-radioinsight","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/286409\/","title":{"rendered":"Stingray Acquires TuneIn &#8211; RadioInsight"},"content":{"rendered":"<p><img loading=\"lazy\" data-od-removed-loading=\"lazy\" data-od-replaced- data-od-xpath=\"\/HTML\/BODY\/DIV[@class='jeg_viewport']\/*[5][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[5][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[2][self::DIV]\/*[1][self::DIV]\/*[2][self::DIV]\/*[1][self::P]\/*[1][self::IMG]\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/tunein.png\" alt=\"TuneIn App\" width=\"200\" height=\"200\" class=\"alignright size-thumbnail wp-image-169872\"  \/>Montreal based <a href=\"https:\/\/www.stingray.com\" rel=\"nofollow noopener\" target=\"_blank\">Stingray Group<\/a> has announced it is acquiring <a href=\"https:\/\/tunein.com\" rel=\"nofollow noopener\" target=\"_blank\">TuneIn<\/a> for up to $175 million.<\/p>\n<p>Stingray owns music, digital and advertising services worldwide including audio and video channels, subscription video on-demand content, FAST channels, karaoke products, music apps, commercial in-store business and audio advertising networks, and 97 radio stations in Canada.  The deal is structured with Stingray paying $150 million USD at closing and up to an additional $25 million within 12 months based on forecasted sales of $110 million and adjusted EBITDA of $30 million for the year ending December 31. It is expected to close at the end of the year following TuneIn shareholder and regulatory approval.<\/p>\n<p>Stingray says that the \u201cacquisition is expected to significantly expand Stingray\u2019s global digital audio footprint, accelerate its growth in streaming services and bolster its advertising offering by incorporating TuneIn\u2019s comprehensive ad platform, which delivers targeted audio, video, and display advertising solutions.\u201d<\/p>\n<p><img loading=\"lazy\" data-od-removed-loading=\"lazy\" data-od-replaced- data-od-xpath=\"\/HTML\/BODY\/DIV[@class='jeg_viewport']\/*[5][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[5][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[1][self::DIV]\/*[2][self::DIV]\/*[1][self::DIV]\/*[2][self::DIV]\/*[4][self::P]\/*[1][self::IMG]\" data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/11\/stingray-200x200.jpeg\" alt=\"Stingray Music TuneIn\" width=\"200\" height=\"200\" class=\"alignright size-thumbnail wp-image-319307\"  \/>Stingray President\/CEO Eric Boyko said, \u201cThis acquisition marks a pivotal moment in Stingray\u2019s journey to further strengthen its position as a global leader in audio entertainment and digital advertising sales. We are crafting an unmatched audio ecosystem by merging Stingray\u2019s extensive technology infrastructure and content distribution capabilities with TuneIn\u2019s expertise in monetization, advertising technology, and diverse content offerings. We\u2019re particularly excited about expanding our reach in the automotive sector, where TuneIn and Stingray have both established strong integrations with leading manufacturers. This aligns perfectly with our strategy to meet listeners wherever they are \u2013 at home, in the car, or at retail locations. Together, we are poised to redefine audio for a connected world, delivering extraordinary value to our listeners, content partners, and advertisers.\u201d<\/p>\n<p>The company adds that the deal \u201ccreates a global audio leader with meaningful scale. The combination of TuneIn\u2019s active listeners and Stingray\u2019s existing distribution provides advertisers with a highly engaged audience. This acquisition solidifies Stingray\u2019s position as a key player in the rapidly growing digital audio advertising market and enhances its portfolio with a profitable, growing digital asset, pushing the combined entity\u2019s pro forma revenue beyond US$400 million (CA$560 million).\u201d<\/p>\n<p>TuneIn Co-Chairman and CEO Richard Stern commented, \u201cStingray is the ideal partner to propel TuneIn\u2019s next chapter of growth. Our global reach and advanced advertising capabilities, combined with Stingray\u2019s audio and video distribution, creates a significant growth opportunity for both our companies. Joining forces with Stingray allows us to accelerate our mission of delivering the world\u2019s best audio content to listeners everywhere, while creating powerful new avenues for advertisers to connect with a highly engaged audience.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Montreal based Stingray Group has announced it is acquiring TuneIn for up to $175 million. Stingray owns music,&hellip;\n","protected":false},"author":2,"featured_media":286410,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53],"tags":[88,216],"class_list":{"0":"post-286409","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-music","8":"tag-entertainment","9":"tag-music"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/286409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=286409"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/286409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/286410"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=286409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=286409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=286409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}