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TuneIn, a Stingray Company, Brings Extensive Audio Infotainment Offerings to Select Nissan Vehicles in the United States
Globenewswire· 2026-02-04 13:00
Nissan will bring TuneIn to its vehicles, giving drivers access to live sports, news, music, global radio and podcastsNEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- TuneIn, a Stingray company (TSX: RAY. A; RAY.B), announced today a collaboration with Nissan, one of the world’s largest automakers, to bring TuneIn’s expansive catalog of radio stations and podcasts to select Nissan and INFINITI vehicles in the United States.TuneIn will provide drivers with fast access to live sports, breaking news, curated music, ...
Radio streamer TuneIn acquired for $175M
Yahoo Finance· 2025-11-12 16:57
Core Viewpoint - TuneIn, an internet radio service, has been sold for $175 million to Stingray Group, significantly lower than its previous valuation of $500 million [1]. Company Overview - TuneIn was founded in 2002 and initially focused on streaming traditional radio stations over the internet, offering a variety of content including news, talk, and live sports [3]. - The company attempted to monetize its offerings through a paid subscription model that included audiobooks and ad-free radio channels [3]. Market Challenges - TuneIn faced difficulties competing in the crowded streaming market, particularly as consumer preferences shifted from talk radio to podcasts and the demand for ad-free music subscriptions increased [4]. Acquisition Details - Stingray Group, based in Montreal, acquired TuneIn to enhance its reach through partnerships with device manufacturers, automakers, and content providers [5]. - The acquisition price of $175 million was based on TuneIn's projected sales of $110 million and adjusted EBITDA of $30 million for the 12-month period ending December 31, 2025 [6]. - TuneIn has over 75 million monthly active listeners globally, and Stingray expects its revenue to exceed $400 million post-acquisition [6].
X @TechCrunch
TechCrunch· 2025-09-25 12:02
Drivers who listen to TuneIn will now receive real-time alerts, including extreme weather warnings and other emergencies. https://t.co/Q5AUcMrBpL ...