Tag Archives: SiriusXM

Music streaming pioneer SoundCloud raises $75M from Pandora owner SiriusXM

SoundCloud, the music streaming company that has been described as the “YouTube of audio” because of its profusion of user-generated content, has some big, strategic investment news today. The company has raised $75 million in funding from satellite radio giant SiriusXM, owner of streaming giant Pandora, which has an ad partnership with SoundCloud. – Ingrid Lunden, TechCrunch » https://tcrn.ch/31JQre0

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Sirius XM Eyes Expansion In Crowded Online Streaming Marketplace

SiriusXM Radio is eyeing expansion of its fledgling online streaming service as a way to fuel growth, according to a major backer of the satellite broadcast service. “We are watching what happens in streaming,” Liberty Media chief Greg Maffei told the Goldman Sachs Communacopia conference last week. “Taking Sirius unique content beyond the car in the home and in the office, it’s an opportunity we’ve not yet attacked.” […] With an impressive array of original programs, if the company drop the net only price to $10 or less per month, Sirius XM could become a serious competitor to Pandora and other online streamers. Lower net pricing could also serve as a gateway to new subscribers who once addicted to certain program will pay to add service in the car. – Bruce Houghton,Hypebot 
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