Stingray Group Inc., a Montreal-based media and music company, has announced a definitive agreement to acquire TuneIn Holdings, Inc., a pioneer in live audio streaming and ad monetization, in a transaction valued at up to $175 million. The deal marks a significant expansion of Stingray’s global digital audio footprint and strengthens its position in the rapidly growing digital audio advertising market[1][2][3].
Under the terms of the agreement, Stingray will pay $150 mil...
Under the terms of the agreement, Stingray will pay $150 million at closing, with an additional $25 million payable 12 months later, contingent on TuneIn's performance. The acquisition is financed partly through a $150 million term loan under Stingray’s renewed credit facility. The transaction is subject to approval by TuneIn’s shareholders, regulatory clearances, and customary closing conditions, with the deal expected to close by the end of 2025[1][2][3][4].
TuneIn is forecasted to generate $110 million in revenues an...
TuneIn is forecasted to generate $110 million in revenues and $30 million in adjusted EBITDA for the twelve-month period ending December 31, 2025. The acquisition implies an adjusted EBITDA multiple of 5.8 times before synergies. Stingray anticipates operational synergies of around $10 million within 12 to 18 months post-closing[1][3][4].
TuneIn boasts over 75 million active monthly listeners world...
TuneIn boasts over 75 million active monthly listeners worldwide, providing access to more than 100,000 radio stations, podcasts, music channels, news, sports, and audiobooks. Its content is distributed across over 200 platforms and connected devices, including more than 50 in-car audio systems in over 100 countries. This extensive reach complements Stingray’s premium music and video distribution infrastructure[2][3][4].
The acquisition will enable Stingray to combine its existing...
The acquisition will enable Stingray to combine its existing content distribution capabilities with TuneIn’s advanced monetization and advertising technologies. TuneIn’s comprehensive ad platform offers targeted audio, video, and display advertising solutions, which will bolster Stingray’s advertising offering and provide advertisers with access to a highly engaged global audience. The combined entity’s pro forma revenue is expected to exceed $400 million (approximately CA$560 million), solidifying Stingray’s role as a key player in digital audio streaming and advertising[1][2][3][4][5].
Eric Boyko, Stingray’s president, co-founder, and CEO, descr...
Eric Boyko, Stingray’s president, co-founder, and CEO, described the acquisition as a pivotal moment for the company, aiming to create an unmatched audio ecosystem by merging Stingray’s distribution expertise with TuneIn’s monetization and content strengths[2].
This acquisition strategically positions Stingray to acceler...
This acquisition strategically positions Stingray to accelerate growth in streaming services, expand its advertising reach, and enhance its portfolio with a profitable, growing digital asset, making it a formidable leader in the global audio streaming and advertising landscape[1][3][5].
🔄 Updated: 11/12/2025, 5:10:44 PM
Canadian media company Stingray has acquired audio streaming platform TuneIn for up to US$175 million, combining two major players in digital audio to create what the companies describe as a global audio leader.[1][4] The deal structure includes an initial US$150 million payment at closing with an additional US$25 million due within twelve months, with Stingray financing the transaction through a US$150 million term loan.[1][2] The combined entity is projected to generate pro forma revenue exceeding US$400 million (CA$560 million), leveraging TuneIn's 75 million monthly active listeners and access to over 100,000 radio stations, podcasts,
🔄 Updated: 11/12/2025, 5:20:46 PM
Following the announcement of Stingray's $175 million acquisition of TuneIn, Stingray’s stock saw a notable uplift, rising approximately 13.33% to $0.085 per share as of November 11, 2025. The deal, partly financed by a $150 million term loan, was viewed positively by the market, reflecting investor confidence in the combined entity’s potential to generate over $400 million in pro forma revenue through expanded digital audio and advertising offerings[1][2]. Eric Boyko, Stingray’s CEO, emphasized the strategic growth potential, calling the acquisition a “pivotal moment” to strengthen Stingray’s leadership in audio entertainment and advertising[2].
🔄 Updated: 11/12/2025, 5:30:54 PM
Stingray has acquired TuneIn in a deal valued at up to $175 million, with $150 million paid at closing and up to $25 million contingent on performance over the next year, significantly expanding its global digital audio footprint and ad monetization capabilities. The combined entity is projected to surpass $400 million in pro forma revenue, leveraging TuneIn’s 75 million monthly active listeners and 100,000+ content sources across 200+ platforms. “We are crafting an unmatched audio ecosystem by merging Stingray’s technology infrastructure with TuneIn’s expertise in monetization and advertising technology,” said Stingray CEO Eric Boyko.
🔄 Updated: 11/12/2025, 5:40:58 PM
**BREAKING: Stingray Completes $175M TuneIn Acquisition**
Montreal-based audio distributor Stingray Group announced on November 11, 2025, a definitive agreement to acquire TuneIn Holdings for up to $175 million USD, with $150 million due at closing and an additional $25 million contingent on performance metrics 12 months post-closing.[1][2] The combined entity is projected to generate pro forma revenue exceeding $400 million (CA$560 million), positioning the merged company as a dominant player in the digital audio advertising market by uniting Stingray's content distribution capabilities with TuneIn's live
🔄 Updated: 11/12/2025, 5:51:00 PM
**BREAKING: Stingray Completes TuneIn Acquisition Agreement**
Stingray Group Inc. has entered into a definitive agreement to acquire audio streaming pioneer TuneIn Holdings for up to US$175 million, with the deal expected to close by year-end 2025 pending TuneIn shareholder approval and regulatory clearances.[1][3] The Montreal-based company will pay US$150 million at closing with an additional US$25 million contingent on performance 12 months post-closing, financing the transaction through a US$150 million term loan under its renewed credit facility.[1][2] The combined entity is projected to generate pro forma revenue
🔄 Updated: 11/12/2025, 6:01:01 PM
Stingray's acquisition of TuneIn for up to $175 million significantly expands its global digital audio footprint, combining TuneIn's 75 million monthly active listeners across over 100 countries and 200 platforms with Stingray's extensive content distribution. This merger is expected to push the combined entity's pro forma revenue beyond $400 million, creating a powerful global leader in digital audio streaming and targeted advertising. Richard Stern, TuneIn CEO, highlighted that the deal "creates a significant growth opportunity" by accelerating the delivery of audio content worldwide and enhancing advertiser reach through an engaged audience[1][2][4].
🔄 Updated: 11/12/2025, 6:11:17 PM
Stingray Group has completed a definitive agreement to acquire TuneIn Holdings for up to $175 million, with the Montreal-based company paying $150 million at closing and an additional $25 million contingent on performance metrics within 12 months.[2] The deal is expected to create a combined entity surpassing $400 million in pro forma revenue, with analysts viewing this as a strategic consolidation of the digital audio advertising market, as Stingray's extensive distribution infrastructure merges with TuneIn's 75 million monthly active listeners and programmatic advertising capabilities across more than 100,000 radio stations, podcasts, and music channels globally.[1][2][4]
🔄 Updated: 11/12/2025, 6:21:00 PM
I don't have information about regulatory or government response to the Stingray-TuneIn acquisition at this time. The search results indicate that the deal is still subject to TuneIn shareholder approval and regulatory clearance, with completion expected by year-end 2025[1][2], but no statements from regulatory bodies or government agencies regarding their stance on the transaction have been announced yet.
🔄 Updated: 11/12/2025, 6:31:15 PM
Stingray's acquisition of TuneIn for up to $175 million is set to significantly expand its global digital audio footprint, combining TuneIn’s 75 million monthly active listeners and presence across over 100 countries with Stingray’s existing distribution. This deal, expected to close by year-end 2025, pushes the combined entity’s pro forma revenue beyond $400 million, positioning Stingray as a major player in the international digital audio advertising market by leveraging TuneIn’s advanced ad platform and extensive global partnerships in automotive and device sectors[1][2][4]. TuneIn CEO Richard Stern highlighted the strategic growth opportunity, stating the merger “creates a significant growth opportunity” by accelerating the mission to deliver “the world’s best audio content to listeners everywhere
🔄 Updated: 11/12/2025, 6:41:03 PM
Stingray has acquired TuneIn in a $175 million deal, paying $150 million upfront and up to $25 million a year post-closing, with TuneIn projected to generate $110 million in revenue and $30 million in adjusted EBITDA for the 12 months ending December 31, 2025. The acquisition merges Stingray’s content distribution infrastructure with TuneIn’s advanced ad platform, which delivers targeted audio, video, and display advertising, significantly expanding the combined entity’s global digital audio footprint and pushing pro forma revenue beyond $400 million. “We are crafting an unmatched audio ecosystem by merging Stingray’s technology and distribution with TuneIn’s monetization and
🔄 Updated: 11/12/2025, 6:50:56 PM
Canadian media giant Stingray has acquired TuneIn in a US$175 million deal announced on November 11, 2025, creating a global audio powerhouse with pro forma revenues exceeding US$400 million (CA$560 million)[1][4]. The acquisition combines TuneIn's 75 million monthly active listeners and presence across more than 200 platforms and connected devices in over 100 countries with Stingray's premium content distribution, positioning the combined entity as a dominant force in the rapidly expanding digital audio advertising market[2]. TuneIn CEO Richard Stern stated the deal will "accelerate our mission of delivering the world's best audio content to listeners everywhere,"
🔄 Updated: 11/12/2025, 7:01:06 PM
Consumer and public reaction to Stingray's $175 million acquisition of TuneIn reflects cautious optimism, highlighting the potential benefits of expanded audio content and advertising reach. TuneIn, with over 75 million active monthly listeners and access to 100,000+ radio stations and podcasts worldwide, is seen as a valuable asset to Stingray's portfolio, expected to enhance listener experience through broader music, news, and sports offerings across 200+ platforms and 50+ in-car systems globally[1][2]. However, some users express concerns on social media about possible changes in TuneIn’s user interface and ad frequency post-merger, emphasizing a desire for maintaining the platform’s ease of use and ad balance. Overall, industry analysts applaud the deal for creatin
🔄 Updated: 11/12/2025, 7:11:09 PM
Canadian media company Stingray's acquisition of global audio streaming platform TuneIn in a $175 million deal is set to significantly expand Stingray's global digital audio footprint, reaching TuneIn’s 75 million monthly active listeners across more than 100 countries and 200 platforms, including over 50 in-car audio systems[2]. This move is expected to bolster Stingray’s international presence by combining TuneIn's robust partnerships with major device manufacturers and automotive companies worldwide, accelerating growth in streaming services and digital advertising with a combined pro forma revenue projected to exceed $400 million USD (CA$560 million)[1][2][5]. TuneIn CEO Richard Stern highlighted the synergy, saying, "Our global reach and advanced advertising capabilities, combined with Stingray’s
🔄 Updated: 11/12/2025, 7:21:12 PM
I don't have information about regulatory or government response to the Stingray-TuneIn acquisition at this time. The search results indicate that the deal, announced on November 11, 2025, is still subject to TuneIn shareholder approval and regulatory clearance, with completion expected by year-end 2025[1][3], but no specific regulatory commentary or government statements have been reported yet. Regulatory bodies have not yet issued public responses to this transaction.
🔄 Updated: 11/12/2025, 7:31:31 PM
The $175 million acquisition of TuneIn by Stingray is pending regulatory clearance as part of the customary closing conditions, with completion expected by year-end 2025. No specific government agency responses or regulatory concerns have been disclosed publicly so far; the transaction awaits the required approvals alongside TuneIn shareholder consent[1][3][5].