Stingray Group Acquires TuneIn Holdings

Stingray Acquires InStore Audio Network

January 5, 2022

Media & Entertainment

Montreal-based Stingray Group Inc. acquired InStore Audio Network, the largest in‑store audio advertising network in the United States, for up to approximately C$59 million including an earn‑out. The deal gives Stingray a foothold in the U.S. retail media market (InStore reaches ~100 million shoppers weekly across 16,000+ locations and generated an estimated C$18.5 million in revenue in the prior year).

Stingray Group Acquires Calm Radio

June 29, 2021

Media & Entertainment

Stingray Group Inc. acquired Calm Radio, a leading streaming service focused on wellness, relaxation and sleep music. The acquisition adds Calm Radio’s curated channels and subscribers to Stingray’s portfolio and will be operated under Calm Radio’s existing leadership as part of Stingray’s content and subscriber growth strategy.

TA Associates to Acquire TouchTunes

March 30, 2022

Media & Entertainment

TouchTunes, an in-venue interactive music and entertainment platform, announced that TA Associates has signed a definitive agreement to acquire the company. The deal is expected to close in early April, subject to customary closing conditions and regulatory approvals, and financial terms were not disclosed.

Songtradr Acquires Tunefind

April 27, 2021

Media & Entertainment

Songtradr, the B2B music licensing marketplace, has acquired Tunefind, a music-usage data and discovery platform for film, television and video games. The deal expands Songtradr's data and discovery capabilities by integrating Tunefind's extensive soundtrack database and API services to better serve music supervisors, platforms and media partners.

Square (SQ) to Acquire Majority Stake in TIDAL in $297 Million Deal

March 4, 2021

Media & Entertainment

Square Inc. entered into a definitive agreement to acquire a majority ownership stake in TIDAL for a total deal value of $297 million, funded with a mix of cash and stock. TIDAL is expected to operate independently within Square alongside the Seller and Cash App ecosystems, with existing artist shareholders remaining co-owners after closing.

Amazon Music Acquires podcast hosting and monetization platform ART19

June 24, 2021

Media & Entertainment

Amazon Music has acquired ART19, a podcast hosting and ad-monetization platform, for an undisclosed sum. The purchase gives Amazon hosting, ad-insertion and ad-marketplace capabilities to complement its content (such as Wondery) and bolster podcast advertising, measurement and distribution.