Pandora rival iHeartRadio hits 50 million user milestone
iHeartRadio, the online radio service from terrestrial radio giant Clear Channel, has hit 50 million registered users, a milestone only three years in the making.
The pace of iHeart signups -- faster than that of rival Pandora, the biggest radio provider on the Web, as well as Twitter and Facebook -- reflects the growing popularity of streaming music as well as the promotional heft that comes from a giant like Clear Channel as the parent of the developing service.
However, Clear Channel Chief Executive Bob Pittman said that horsepower -- 850 owned radio stations in the US, giving Clear Channel the largest reach of any radio company with 245 million monthly listeners -- wasn't necessarily a blessing that guarantees iHeart's success.
