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InStore Audio Network
Stingray Advertising is an American broadcasting company that provides in-store background music, music, video content and audio advertising for use in supermarkets, Pharmacy, drugstores, and other retail stores. It is owned by the Canadian media company Stingray Group and based in Princeton, New Jersey. The company was founded in 1983 as Pop Radio and was renamed to InStore Broadcasting Network (IBN) before rebranding to InStore Audio Network (ISAN) Through multiple ownership changes over the years, ISAN was acquired by Stingray in 2022 and adopted its current name later that year. History Founded in 1983 as POP Radio, ISAN was acquired by Heritage Media in 1990. The company was merged into Heritage subsidiary ActRadio, before Heritage was acquired by News America Marketing, a division of News Corporation, in 1997. Then known as the InStore Broadcasting Network, the company was spun off from News America Marketing in 2003, sold to Gary Seem and Jeff Shapiro. Its headquarters ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
