Internet radio service Pandora has announced its intentions to purchase Rdio for $75 million USD. Having just recently acquired TicketFly, this deal will be dependent on Rdio’s Chapter 11 bankruptcy filing. “The transaction is contingent upon Rdio seeking protection in the United States Bankruptcy Court for the Northern District of California. Upon approval of the proposed transaction by the bankruptcy court, Rdio will be winding down the Rdio-branded service in all markets,” Pandora noted in its statement.
In the meantime, Rdio can still entertain other offers in the case that someone else wanted to purchase Rdio. Rdio’s service will shutter in a few weeks, but if Pandora’s purchase goes through it looks as if the company will bolster its radio service with on-demand streaming. “Whether streaming through radio, on-demand or in-person at live events, Pandora is building the definitive source for fans to discover and celebrate music, wherever and however fans want to hear music, we intend to be their go-to destination,” says Pandora CEO Brian McAndrews.
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via. Hypebeast
LRG Spring 2014 Artist Lookbook feat. Raekwon, Pro Era, Black Cobain & Dyme A Duzin
LRG presents the second round of images from its Spring 2014 Artist lookbook. Photographed by Brook Bobbins, the lookbook features Pro Era, Dyme A Duzin, Boogz Boogetz and Black Cobain, as well as brand mastermind Raekwon, all rocking the latest pieces from LRG’s spring collection. A collection of bold camo and prints across a range of hoodies, crewneck sweatshirts, tees, and accessories, LRG’s latest selection is a strong start to spring season. Check out the video lookbook below and head to LRG to shop the latest goods.
LRG Spring 2014 Artist Lookbook Feat. Raekwon, Pro Era, Black Cobain & Dyme A Duzin
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