The San Diego-based company says that’s about to change,
with a revamped mobile application, website and a $5.5 million advertising
campaign attacking rivals Pandora Media Inc. and Spotify Ltd. In preparation,
the startup has more than doubled its staff to 90 in the past eight months,
according to a story from Bloomberg.
“It’s an opportunity for us to throw a punch when nobody’s
looking,” said Chief Marketing Officer Craig Rechenmacher, who joined from
Electronic Arts Inc. in July and opened the company’s marketing office in Palo
Alto, California.
For consumers, Slacker Personal Radio presents another choice in a crowded
field. The company is touting a music service with 10 times the number of songs
as Pandora, as well as content from Walt Disney Co.’s ESPN and ABC networks. In
a market where Pandora gets close to 90 percent of its sales from ads, Slacker
focuses on paid subscriptions, which account for two-thirds of revenue.
No comments:
Post a Comment