"The Radio.com and Fireside acquisition by Consumable, financial details of which were not disclosed, will see the combined assets become the foundation of a new platform under the Radio.com name with Fireside integrated to help "artists and creators expand monetization, deepen audience relationships and ownership, and build durable, full-stack businesses across content formats." Additionally, Consumable has launched Digital Indies, described as a new micro PE venture studio led by general partners Mark Levin and Fireside's Falon Fatemi."
"Per Consumable, "Digital Indies is focused on investing, acquiring, and building creator-first platforms and infrastructure at a time when AI is rapidly commoditizing technology and shifting competitive advantage toward distribution, trust, and direct audience relationships." Under Consumable ownership, Radio.com is forming a multi-million-dollar artist partnership fund that will provide indie musicians with "immediate liquidity while allowing them to retain ownership of their touring and merchandise revenue.""
Consumable Inc. acquired Radio.com and Mark Cuban-backed Fireside, combining assets to form a new Radio.com platform with Fireside integrated to support creators. The platform will prioritize monetization, deeper audience relationships, ownership, and full-stack content businesses across formats. Consumable launched Digital Indies, a micro private-equity venture studio led by Mark Levin and Falon Fatemi, focused on investing in creator-first platforms and infrastructure as AI commoditizes technology and shifts advantage toward distribution and direct audience relationships. Radio.com will establish a multi-million-dollar artist partnership fund to provide indie musicians immediate liquidity while allowing them to retain touring and merchandise revenue ownership. Further development and partnership details will be announced.
Read at Variety
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