Satcaster Sirius XM reported its Q1 financials yesterday. subscriptions up 330,000 to over 33-million. Revenue climbed 6% to 1.4-billion. Full-year guidance unchanged. CEO James E. Meyer commented on Pandora & iHeartMedia situations. Continue Reading
The Music Modernization Act (MMA) has convincingly passed the U.S. House of Representatives. The pending legislation benefits the creative class of the music industry — songwriters and composers, and enjoys a remarkable degree of across-the-aisle support, both politically and in the music industry. Continue Reading
We know from The Smart Audio Report conducted by Edison Research and NPR, that smart speakers have a special (and perhaps unpredicted) appeal to kids, and therefore to parents who are bringing Alexa devices into their homes. research summary. iHeartRadio is leaping into that space with an announcement today that it will be the default provider of live music content for the newly launched Echo Dot Kids Edition, and the FreeTime Unlimited skill in Alexa. Continue Reading
Veteran digital audio executive Billy Freund has joined PodcastOne as Co-COO, according to a news release sent by the L.A.-based podcast company. Freund steps into COO responsibilities alongside Greg Batusic, who operates in New York. Freund will work in the Beverly Hills headquarters. Continue Reading
Picking up from yesterday’s Part 1 of the conversation between Pacific Media’s Steve Pratt and Google’s Podcasts Product Manager Zack Reneau-Wedeen, today’s installment in the five-part series has Reneau-Wedeen evangelizing audio and planning its rise in Google information ecosystem. “There’s no good reason why audio isn’t a first-class citizen,” he said. Continue Reading
One of the most successful audio titles, Freakonomics Radio, is moving to Stitcher this summer, according to an announcement sent out this morning by Midroll Media, which controls Stitcher. Both Midroll and Stitcher are owned by E.W. Scripps. There’s an interesting strategy for show archives. Continue Reading
Google intends to double the podcast audience in a couple of years, and correct what it sees as an imbalance in Android’s share of delivery compared to iPhones. Some of Google’s podcast discovery and listening strategy is already implemented, and it shines a meaningful light on Google’s potential power to come from way behind Apple’s 13-year advantage in delivering podcasts to its iTunes and Podcasts app audiences. Continue Reading
Spotify is soon to join the quarterly routine of reporting its business to U.S. and global investors — the Q1 date is May 2. Meanwhile, an April 24 media news event in New York is tickling rumors of changes to the Spotify free service, and its app interface. Continue Reading
iHeartRadio has made a tactical change to its feature set, moving its thousands of curated music playlists out from behind a subscription firewall. Calling the collection Playlist Radio, these lists are now visible and playable to all iHeartRadio users — previously they had been a selling point for the Plus and All Access subscription tiers. Continue Reading
Westwood One is announcing today that it has obtained exclusive representation to advertisers of the second season of In the Dark, an investigative crime podcast. The APM-produced show won a Peabody Award in its first season, and has served over 12-million downloads.
The Triton Webcast Metrics Top 20 Ranker has seen Spotify’s listening metric streak upward since the music service joined the Ranker in January, 2015. Three years later, in January of this year, Spotify overtook Pandora for the first time. Continue Reading
Tokyo FM is the flagship radio station of Japan FM (39 stations), and is making a joint partnership announcement with AdsWizz. The deal brings AdsWiz technology to a new “Wiz Radio” app, and appoints Tokyo FM the sales rep for the AdWave digital audio marketplace in Japan. Continue Reading