This is still a little murky, but Tom Taylor reports that Triton Digital has been sold of by OakTree Capital. OakTree also owns Townsquare Media, whose business model seemed to be to acquire non-viable radio stations and hope that selling ads on a web site for a station few people listen to would generate ad revenue. Maybe that isn’t working out.<\/p>\n
A lot of the employees were let go. Triton is now apparently controlled by Vector Capital of San Francisco. <\/p>\n
Triton surely has come under pressure from iHeartRadio streaming and to some degree Tunein.<\/p>\n
The good part about StreamingRadioGuide is there is no Private Equity funding and nobody can fire me. I wonder if the FCC could declare the content “not legal”…<\/p>\n
listenlive.co is Triton Digital – the service used by Cumulus Media as an alternative to iHeartRadio <\/p>\n","protected":false},"excerpt":{"rendered":"
This is still a little murky, but Tom Taylor reports that Triton Digital has been sold of by OakTree Capital. OakTree also owns Townsquare Media, whose business model seemed to be to acquire non-viable radio stations and hope that selling … Continue reading