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SiriusXM is upgraded and moves beyond the car

27/07/2019

SiriusXM is upgraded and moves beyond the car with Pandora stations integrated into the SiriusXM app and more options to listen on home devices. With ‘Personalized Stations Powered by Pandora’ you can create your own personalized ad-free music stations. Personalized Stations Powered by Pandora features Start your station from an artist or song you’re listening to Give a thumbs up or thumbs down to the songs played to customize your new station just the way […]

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iHeartMedia and Clear Channel agree demerger terms

29/12/2018

iHeartMedia and Clear Channel agree demerger terms to fully separate the two companies into fully independent businesses as part of iHeartMedia’s restructuring. The separation is expected to occur in conjunction with, and is subject to, iHeartMedia’s emergence from its ongoing restructuring process. Currently iHeartMedia owns 89.1% of Clear Channel Outdoor Holdings, Inc.(CCOH) outstanding common stock. “Today’s announcement is recognition that while iHeartMedia and CCOH are both very strong in their respective areas – iHeartMedia is […]

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SiriusXM acquires Pandora for $3.5 Bn

23/10/2018

SiriusXM acquires Pandora in an all-stock transaction valuing Pandora at $3.5 Bn to create the world’s largest audio entertainment company. The combined company will merge the largest US audio streaming platform with SiriusXM’s strong in-car presence and have an expected turnover of more than $7 Bn in 2018. The combined company has a market value of about $34 Bn, topping Spotify’s $31.2 Bn and follows an initial purchase by SiriusXM of a 15% stake in […]