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U.K.’s Global acquires AudioHQ which becomes DAX, bringing that programmatic platform to U.S.

In one of the most interesting and consequential deals we’ve reported this year, UK radio juggernaut Global has acquired U.S. digital audio advertising company AudioHQ. Linked with that, Global will launch DAX, its programmatic audio ad platform, in the U.S., operated by AudioHQ — whose name will change to DAX. We spoke with the principles. Continue Reading

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Summer slippage in webcast listening; year-over-year strong (Triton Digital July)

July webcast listening slipped 4% compared to the month before, in a pattern we saw last year in June and July. Every one of the top 20 brands measured by Triton Digital saw a reduction in listening during July. The year-over-year view shows that the tide was higher even as the summer waves got a bit smaller. Continue Reading

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Pandora, Sirius XM close investment. Sirius execs join board.

Pandora and Sirius XM have closed the strategic investment announced in June. Sirius XM has purchased 307-million Series A shares of P stock for a $480-million investment in the internet radio firm. At the same time, Sirius execs James E. Meyer (CEO), David J. Frear (CFO) and Gregory B. Maffei (Chairman) joined the Pandora board. Maffei is now chairman of both companies. Continue Reading

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Tech luminary Ty Roberts exits UMG after one year

We learn from Billboard that Ty Roberts, Chief Technology Officer of Universal Music Group (UMG) has left the company after a little more than a year. Ty Roberts’ sideways career move from Gracenote to Universal was seen by many as a significant signal that the music industry could, to some extent, reinvent itself as a technology industry — or at least a tech-flriendly, tech-fluent one. Continue Reading