Hi, Jerry here. Internet radio aggregator TuneIn sold their business for a discounted $175 million and iHeart should have bought it. They have had an on again off again rival/partner relationship for years while they had to build out iHeartRadio at great expense to remain in the game.
What’s interesting is how iHeart CEO Bob “Talks-a lot” came up lame when it was time to walk the walk and now we know why iHeart missed out on securing this accretive deal.
Read the article now
Recent Posts
- The Erosion of Radio’s Digital
- The Unintended Consequences of the CBS Radio News Shutdown
- The Major Market Selloff
- Salem’s $31 Million “Inside Job”
- The Disconnected Dashboard
- Is Saga’s Turnaround Working?
- Beasley’s Hall Pass
- iHeart’s Q1 Growth Masks Profitability Decay
- Townsquare’s Deceiving Earnings Report
- Radio's New Global Capital Play