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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 […]


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