ShoutOut Radio Moves Toward a $1BN Acquisition

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The Instagram of music aims for critical mass launching its Kickstarter campaign.

ShoutOut Radio, a new music-sharing app in development, launched its Kickstarter Campaign this week. The goal is simple: reach funding to finish off app development making sure users get their hands on this app for free.

What is ShoutOut Radio? “We like to think of ourselves as the Instagram of music,” said Rick Reich, Founder of ShoutOut Radio. “Really, it’s about taking those moments music represents and socializing them with your friends.”

ShoutOut Radio lets users send, receive and hear music with their Facebook friends. It’s like a personal radio station where friends can dedicate a song to a select few or send those favorite songs as a ShoutOut to all. Users can listen to the music using the ShoutOut Radio app or just by hitting play on Facebook.

Reich and two developers have hacked like crazy over the last nine months to create ShoutOut Radio. The iPhone and Android apps are slated for release in October, thanks to the Kickstarter Campaign.

ShoutOut Radio is not the first successful application Reich has built. Two years ago marked a successful acquisition of Ettend.com, an online event registration system, which sold to iContact.com. In February of this year, iContact sold to Vocus for $169 million. Reich and his small development team are confident ShoutOut Radio will exceed market expectations.

The ShoutOut Radio application will be free, because it’s the point. Why should anyone pay for great music dedications, anyway? To learn more about ShoutOut Radio, follow the story @radioshoutout or like shoutoutradio on Facebook.

Check out the ShoutOut Radio Kickstarter Campaign for more details at http://kck.st/Nyq7ot

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