On PR Newswire: SiriusXM Acquires Pandora, Jordan Becomes First Global Face of Coach Menswear, More Than Half of Americans Using Shared Services
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy:
Sirius XM Holdings Inc. and Pandora Media Inc. announced on Sept. 24 a definitive agreement under which SiriusXM will acquire Pandora in an all-stock transaction valued at approximately $3.5 billion. The combination creates the world’s largest audio entertainment company, with more than $7 billion in expected pro-forma revenue in 2018 and strong, long-term growth opportunities.
Coach announced on Sept. 20 actor and producer Michael B. Jordan as the first global face of the Coach menswear business. His partnership with Coach will include global advertising campaigns for men’s ready-to-wear, accessories and fragrance, beginning with the Spring 2019 season. The partnership also will include special design projects with Creative Director Stuart Vevers and philanthropic endeavors with the Coach Foundation.
Our Flavor Gurus are having a bit of a conundrum, so they’re enlisting Ben & Jerry’s fans for help. From now until Oct. 9, fans are encouraged to visit BenJerry.com and cast their vote to bring back a Limited Batch flavor. The winning flavor will appear in freezers nationwide this December. Fans can vote for one of six flavors.
Sony Square NYC, Sony’s brand showroom, is looking for great names for two of its aibo puppies. The puppies moved into Sony Square NYC on Aug. 23, and have had a great time meeting new friends and acclimating to their environment. But they need names! The first pup, who has beautiful blue eyes, is always curious. aibo frequently is found exploring its surroundings at Sony Square NYC. It loves people and will sit and offer its paw on command and just wants to be loved!
Your Ride Is on the Way: More than Half of Americans Are Using Shared Services Like Uber, Lyft and Airbnb
The sharing economy continues to provide ways for Americans to save and earn money, but most are using shared services as customers, not to earn income. The latest COUNTRY Financial Security Index revealed that over half of Americans (54 percent) are using some type of streaming, ride-hailing, home sharing, or maintenance service often. Of Americans using these services, more than half (59 percent) are using them at least once a week, and one quarter (25 percent) are using them every single day.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.