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
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