Announced
Completed
Financials
Sources
Tags
Domestic
streaming music
Acquisition
Majority
United States
Completed
Radio and TV Broadcasters
Private
Friendly
Single Bidder
Synopsis
SiriusXM, an audio entertainment company, completed the acquisition of Cloud Cover Media, a music for business service, and employs business management, music programming, licensing, and software development teams. Financial terms were not disclosed. "SiriusXM and Pandora have always offered a unique blend of great content and great technology. The addition of Cloud Cover Music to our commercial music portfolio is expected to help propel us forward and contribute to the growth of our business," Joe Verbrugge, SiriusXM Executive Vice President.
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