Slacker Radio is set to launch an on-demand service after receiving a $3 million cash injection in debt funding. "Slacker had a great 2010 and tweaked their business to make it float," a rep told Yahoo! . "The funding will help to further our automotive efforts," meaning that Slacker may soon appear in cars as well.
Further, as Slacker has a licence that permits it to cache music, it will gain a competitive edge over services offered by SoundCloud, RootMusic and Pandora as it won�t require a constant streaming connection to work.......
Source:
http://respectedadmins.com/blog/briefly-slacker-radio-set-to-launch-on-demand-service/
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