It was last in the news back in March when it confirmed it was laying off about a quarter of its workforce as part of a “focus on efficiency” and in a bid to “accelerate the path towards profitability”.Ĭonfirming the acquisition, LiveXLive Media – previously known as Loton Corp – said that the deal “will help accelerate LiveXLive Media’s efforts to deliver world-class entertainment, information and music content”.
Slacker has been a player in the US digital music space for over a decade now, mainly focused on personalised radio like the core Pandora and iHeartRadio services. US-based LiveXLive Media, which operates a live music streaming platform, is to acquire personalised radio service Slacker Radio. Business News Deals Digital LiveXLive Media acquires streaming service Slacker By Chris Cooke | Published on Monday 18 September 2017
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