We know that LiveXLive is a premium networks devoted to live music and music-related video content they announced that it has closed its acquisition of Slacker Radio (a streaming music and personalized radio subscription service).
Slacker represents the next-generation of personalized radio, enabling music lovers to choose from the broadest selection of human-curated stations personalized to their independent tastes.Slacker has approximately 1.5 million monthly unique users and more than 400,000 subscribers on its paid and ad-supported platforms.Slacker and LiveXLive are combining content programming teams and building a network of both audio and video channels that stretch across mobile, TV apps, and in-car infotainment systems. Slacker Radio furthers LiveXLive’s ability to drive innovation across technology and digital entertainment while providing the company with access to a new base of consumers and music enthusiasts.
CEO of Slacker Duncan Orrell-Jones said: “We are thrilled to join the LiveXLive team. We look forward to executing on our mutual commitment to reinvigorate the music business by creating fan-first content and programming. We are leveraging our combined cutting-edge technologies to deliver a superior consumer experience which will accelerate growth in the overall business.”