European Streaming Service Enters US Market

Radionomy, a French-Belgian service that enables users to set up their own online radio station and share it with others, is opening an office in San Francisco. The service, which has 6,000 user programmed stations, is similar to Live365 in its business model, taking care of the actual broadcasting and promotion of the stations, rights management, scheduling and audience monitoring and reporting.

They also have an advertising option that sells advertising across their network of stations, helping users of the service to monetize their content.

Radionomy has more than 42 million listener hours per month across its group of user generated stations. The new US office will be their fifth – they currently have offices in Germany, Spain, France and Belgium as well.

Radionomy CEO Alex Saboundjian will join a panel discussion on monetization strategies for Internet radio at RAIN Summit Europe on October 5th in Berlin. Also joining the panel will be Caroline Graze, NRJ International (Germany); David Deslandes, Deezer (France); Frank Nolte, RMS.de (Germany); and Zachary Lewis, Liquid Compass (US).

RAIN Summit Europe promises to be an exciting day of discussions focused on Internet radio in Europe. Check out the impressive speaker list here, and make plans now to join us!

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