5.iHeartMedia
iHeartMedia is the largest radio company in the United States and one of the most popular music apps in the world that owns over 855 radio stations in more than 160 cities through iHeartCommunications. The company’s radio stations generate major revenue through subscriptions and advertisements, powered by more than 245 million listeners every month. iHeartMedia’s operations also include live concerts and events including the iHeartRadio Music Festival; mobile services, such as iHeartRadio, a free digital music service; music research services, program syndication, and independent media representation.
6.Pandora Media
Pandora Media, also known as Pandora or Pandora Internet Radio, is one of the industry-leading music streaming services that offers Pandora Plus; a free radio subscription service and Pandora Premium; the on-demand subscription services. The music streaming service creates personalized playlists and stations for users by analyzing the listener’s music preferences through its cutting-edge programming algorithms. Powered by the Music Genome Project that collects billions of data points, Pandora Media helps advertisers to deliver targeted messages to listeners using audio, video, and display advertisements. In September 2018, Sirius XM Holdings announced its plan to purchase Pandora for $3.5 billion.
