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Liberty Media attempts 11th-hour partial acquisition of iHeartMedia

Liberty Media, majority owner of Sirius XM and minority owner of Pandora, has offered a term sheet that would grant it ownership of a 40% stake in iHeartMedia for $1.159 billion. This move is an eleventh-hour deal in reaction to iHeartMedia’s difficult financial situation. It also isn’t the first time Liberty has broached a last-minute audio investment. Continue Reading

James Cridland’s Future of Radio: A new kids station in Australia, and a new online station in the UK

by James Cridland

James Cridland’s Future of Radio is a column by the Australia-based radio futurologist. THIS WEEK: Two new station launches. Triton Digital webcast metrics. Other audio news from around the world. Continue Reading

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Tim Cook worries “about the humanity being drained out of” music

Apple has been closely tied to music’s journey into the digital realms from the beginning. That journey has gone to many new places, but Apple is still keeping pace with the changes and doing its best to stay ahead of the game. That’s the takeaway from an interview CEO Tim Cook gave to Fast Company about Apple’s position as a tech innovator and where music fits into the picture. Continue Reading