RadioIO Acquires CrowdStream

Deal seeks Internet media synergy
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Internet audio distributor and streamer RadioIO has announced the acquisition of CrowdStream, an event social network service. It was a stock and cash deal.

A release explained, “Through this acquisition, RadioIO will strengthen its relationship with artists and their fans.”

RadioIO provides Internet-delivered custom music and messaging channels to businesses and individuals. CrowdStream provides social network apps and services for events such as concerts and individual artists.