Slacker Launches 'Personal Radio' Service
March 14, 2007 at 9:12 AM (PT)
A new service from SLACKER INC. combines elements of Internet radio, portable music and satellite distribution to let people customize what they listen to. The SAN DIEGO-based startup led by a team of veterans in the digital music arena seeks to offer "personal radio" that lets users choose the tunes, genres or artists they want and listen to them on the go.
"Until now, personalized radio has been stuck on the PC. SLACKER solves that problem," said SLACKER Co-Founder/CEO DENNIS MUDD. MUDD was the Co-Founder and former Chairman/CEO of MUSICMATCH INC., an online music jukebox software provider that was sold to YAHOO INC. in 2004 for $160 million.
A separate Wi-Fi-enabled pocketable gadget that will be able to play the personalized selections will be available in the early summer, with models ranging from $150 to $299, the company said. A car kit that will deliver the music via satellite signals will be available later in the year at a price yet to be disclosed.
SLACKER's President, JIM CADY, is the former CEO at RIO, a pioneer of MP3 players. Its VP/Sales is STEVE COTTER, who previously held the same title at both RIO and AALTEC LANSING TECHNOLOGIES INC.