Slacker Purchase Closes

LiveXLive Media has closed the $50 million acquisition of Slacker Radio undertaken last year (CAT 9/15/17). "By combining LiveXLive's leadership in music festival streaming and our massive music video content with Slacker's proven audio platform, we immediately expand our reach and dramatically accelerate our ability to deliver world-class music-related entertainment across platforms – on a global scale," said LiveXLive Media's CEO/Chairman Robert Ellin. Slacker and LiveXLive are combining content programming teams to build a network of audio and video channels across mobile, TV apps and in-care infotainment systems. Read more here