US EditionStingray Acquires TuneIn, Creating an Audio Streaming and Advertising Powerhouse
Stingray will combine its music content with TuneIn’s platform, serving over 75 million monthly users to strengthen its position in U.S. auto audio and advertising markets.
- Tuesday, Nov. 12, 2025, Stingray Group Inc. signed a definitive agreement to acquire TuneIn Holdings Inc. for up to US$175-million, pairing its Montreal base with TuneIn's U.S. platform.
- Eric Boyko, President, Co-founder, and CEO of Stingray, framed the acquisition as part of his in-car entertainment strategy, aiming to combine premium content with TuneIn's device and U.S. auto manufacturer partnerships.
- Platform metrics show TuneIn delivers content across 200+ platforms and over 50 in-car audio systems, reaching 75 million monthly active listeners and offering access to more than 100,000 radio stations and more than 5 million podcasts, with supply contracts with about 10 auto manufacturers each.
- Paying arrangements call for US$150-million at closing and up to US$25-million a year later, financed partly by a US$150-million term loan, with closing expected by year-end 2025.
- Executives say the deal will push the combined company's revenue beyond US$400-million, with Stingray's global reach of 540 million consumers in 160 countries and Eric Boyko stating, "This acquisition marks a pivotal moment in Stingray's journey to further strengthen its position as a global leader in audio entertainment and digital advertising sales.
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17 Articles
Stingray made a major acquisition in the United States by purchasing a music and video content distributor for US$175 million.
Stingray Acquires TuneIn, Creating an Audio Streaming and Advertising Powerhouse
Transaction enterprise value of up to US$175 million US$150 million paid out at closing, and up to US$25 million paid one-year post-closing TuneIn expected to achieve US$110 million of revenues and US$30 million of adjusted EBITDA1 for the twelve-month period ending December 31, 2025 Implied adjusted EBITDA multiple of 5.8x1 pre-synergies Estimated operational synergies of US$10 million within 12 to 18 months post-closing MONTREAL, Nov. 11, 2025…
Stingray Group Acquires TuneIn for $175 Million, Expanding Its Digital Audio Empire - Channelchek
In a move signaling renewed interest in the digital radio sector, Canadian media and technology company Stingray Group has acquired internet radio service TuneIn for $175 million. The deal includes $150 million in cash at closing and up to $25 million in deferred payment, financed through Stingray’s renewed credit facility. The acquisition marks a major shift in the online streaming landscape. Once valued near $500 million, TuneIn was a pioneer …
Stingray to buy media streamer TuneIn for $175 million USD
Montréal-based Stingray Group is set to acquire fellow music and media technology company TuneIn Holdings for up to $175 million USD ($245 million CAD). “This aligns perfectly with our strategy to meet listeners wherever they are – at home, in the car, or at retail locations.” Stingray expects acquiring the San Francisco-based company to “significantly expand” its global digital audio footprint and growth in streaming services. It also expects …
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