Clear Channel-owned Internet radio service iHeartRadio is announcing today that it has grown to 50 million registered users.
The service allows users to listen to live radio broadcasts, so in some ways it’s traditional radio’s attempt to repackage itself for new devices and platforms. Brian Lakamp, Clear Channel’s president of digital, said that since the current iHeartRadio service is only 2.5 years old (having relaunched in September 2011), the 50 million number puts it at a faster growth rate than Facebook or Twitter.
As another point of comparison, Spotify recently said that it has 40 million active users, with 10 million of paying subscribers.
iHeartRadio is only sharing registered users (I asked about active users and engagement, but Clear Channel isn’t revealing that number). The company does note that users can listen to live radio without creating an account (registration is only necessary when you want to create a…
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