Though its users are just a fraction of the 34 million people a month who mostly tune in free to Pandora, a rival Internet radio service, Slacker has focused on getting its listeners to pay for its premium subscription services. About 6% of Slacker’s users, more than 300,000, subscribe to its ad-free or on-demand music service. Slacker hopes to win over even more subscribers from AOL’s pool of listeners.
AOL, meanwhile, will get an online service that will help keep users on its sites. The New York Internet media company has been on a spending spree in recent years, snapping up hot Web properties such as the Huffington Post, TechCrunch and Engadget to beef up its online presence.
Motivational Podcast by RFFocus.org CEO Kevin Ross - More Episodes HERE