Stingray Group Inc. has officially closed its previously announced acquisition of TuneIn Holdings, Inc. The deal follows the fulfillment of all required conditions and enhances Stingray’s reputation as a leader in music and video content distribution services.
Stingray Announces Completion of TuneIn Acquisition
Key Takeaways:
- Stingray officially closed its purchase of TuneIn Holdings, Inc.
- The acquisition was previously announced and awaited certain conditions.
- All conditions required for the deal were satisfied.
- Stingray is recognized as a leader in music and video content distribution.
- The announcement was published on December 19, 2025, via Globe Newswire.
Acquisition Completion
Stingray Group Inc. (TSX: RAY.A; RAY.B) announced on December 19, 2025, that it has successfully closed its acquisition of TuneIn Holdings, Inc. The news was delivered via Globe Newswire, confirming that the transaction had come to fruition after a period of anticipation.
A Previously Announced Deal
According to Stingray, the acquisition had been previously disclosed to the public. The company’s decision to purchase TuneIn, which was originally shared in an earlier statement, formed part of its ongoing growth strategy and commitment to expanding its business services portfolio.
Meeting All Conditions
Stingray clarified that all conditions precedent to closing the transaction, including any regulatory or contractual requirements, were duly met. The completion represents a strategic step in the company’s efforts to integrate new services and strengthen its reach.
Stingray’s Industry Position
As an accomplished provider of music and video content distribution, business services, and advertising solutions, Stingray’s reputation in the media sphere already stands out. Adding TuneIn to its fold further accentuates its ambition and innovative drive.
Viewing the Road Ahead
With the acquisition finalized, Stingray can now proceed with any next steps that follow from the merger. Although details concerning the integration process were not disclosed in the announcement, the closing of this deal marks a significant milestone in Stingray’s continued evolution as a leading global music and video content distributor.