TuneIn Acquired by Stingray for $175M
Update: 2025-11-12
Description
TuneIn, a pioneer in online audio, has been acquired by Stingray Group for $175 million. Once valued at $500 million, TuneIns sale marks a significant shift in the streaming market. Facing tough competition from podcasts and ad-free music services, TuneIn struggled to maintain momentum. Stingray, a Montreal-based company, acquired TuneIn to expand its global reach, leveraging TuneIns extensive availability on over 200 platforms. The TuneIn brand will continue to operate, with Stingray anticipating annual revenue to exceed $400 million.
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