Slacker Radio subscription options include: Slacker Radio Plus: Offers unlimited song skips, lyrics, and the ability to listen offline. It’s a tall order - but then again, so is competing as a standalone entity against the giants of the music-streaming world. Slacker Radio is a solid choice for streaming music with an enormous music library, and even with just the free app, you can create and listen to radio stations of your favorite genres of music. Slacker Radio Plus Subscription-based, ad-free, customized streaming radio, including access from a Mac, PC, or mobile device. The company now wants to make Slacker key to its efforts to build an entertainment company with multiple revenue streams across music, video, and social. The addition of Slacker Radio to Alexa allows its more than one million monthly active users (MAUs) another integrated access point to enjoy the benefits of Slackers streaming services. Our curators craft exceptional music stations and custom shows and then give you control to make them your own. It is now looking to finance the Slacker acquisition through a public re-listing, which aims to raise as much as $100 million, and notes that the acquisition may not close if the listing doesn’t go as planned.Ī LiveXLive spokesperson told Variety that the company didn’t have any immediate plans to change Slacker’s brand, or let go of any of its staff. Slacker is radio that listens to you, with free and subscription-based access to millions of songs and hundreds of human-powered music stations on mobile, web, in-car entertainment and consumer electronics. The company only reported $225,000 in revenue for its fiscal year ending March 31, and losses of $14.2 million. We have hundreds of internet radio stations, personalized just for you. LiveXLive now agreed to buy Slacker for $44 million in cash and $6 million in stock, but it’s worth noting that LiveXLive doesn’t actually have that much cash on hand. Explore all the free Slacker Stories stations on LiveOne, as well as every other genre under the sun. Without mentioning Samsung by name, Slacker’s financials show contractual payments totaling around $10 million in 20 - payments that “concluded in 2016,” as the filing states.Īll of this goes to say that Slacker’s finances were looking pretty bad for 2017 and beyond, making it hard for the company to survive on its own. Slacker had been the backbone of Samsung’s Milk Music, which the consumer electronics giant closed in 2016. At one point, Slacker also aimed to enlist YouTubers and other online celebrities as curators.īut the real money-maker for Slacker had long been to strike deals with mobile phone operators to bundle Slacker, and deals with other companies to power their services. An account and subscription to SoundCloud get you ad-free listening, no previews, high-quality audio, and offline listening. Founded in 2003, Slacker changed its strategy multiple times over the years, bouncing back and forth between focus on free radio and a paid on-demand service.
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