‘Best of both worlds’: LiveXLive to acquire Slacker Radio
The merger will "bring the worlds of recorded music and live music together with the best audio and video content", says incoming president Andy Schuon
News By | 15 September 2017
LiveXLive Media is to add internet radio to its growing portfolio of music products with the US$50m acquisition of Slacker Radio, its new president announced today.
Industry veteran Andy Schuon – formerly, among many other roles, president of artist services at Live Nation – describes the merger as an “incredibly exciting” one that will “bring the worlds of recorded music and live music together”.
As president, Schuon (pictured) will oversee all aspects of the US company’s business, including Slacker Radio, core live music video service LiveXLive, ticketing platform Wantickets, social app developer Snap Interactive and the newly established LiveXLive Influencers division.
LiveXLive, which launched in July 2015, initially positioned itself as the “ESPN of premium live music experience” with its aim of creating a 24-hour network…