Musonomics, a consulting and analytics firm for the music industry, has released a report about the operational changes undergone by music labels in the streaming era. It is authored by Musonomics founder Larry Miller and commissioned by the RIAA. Continue Reading
The Consumer Technology Association released a report with its projections for spending by U.S. shoppers this year. The report anticipated that the latest tech developments will spur a record-breaking $398 billion in retail revenue during 2019. On-demand music services are projected to grow revenue in double-digit percentages. Continue Reading
Veritone announced that it has entered an agreement to provide advertising insights to Univision Communications’ nationwide Spanish-language radio network. Univision stations will be able to leverage Veritone’s aiWARE artificial intelligence service to access near real-time insights and advertising performance intelligence. Continue Reading
Results of a major new consumer research study performed by Edison Research, supported by Pandora and Omnicom MediaGroup, has been released today. top-line takeaways include frequency of station switching among AM/FM listeners, and desire for digital technology in dashboards. Continue Reading
Ad tech company AdsWizz, wholly owned by Pandora, announced new integrations with Google’s Display &Video 360 platform. The deal connects the AudioMax supply side platform, which is used to power Pandora’s programmatic buying solution, and AdWave, a global audio marketplace with more than 3 billion audio ad impressions each month worldwide, to Google’s massive footprint of buy-side users. Continue Reading
Pocket Casts today announced a comprehensive redesign and feature update that brings several improvements to the podcast app across web, iOS, and Android. In our testing of pre-launch builds, we found that Pocket Casts has gone beyond mere remedies of previous usability issues, innovating features and modernizing the experience. Continue Reading
Digital audio advertising platform Targetspot has announced its upcoming Podcast Marketplace, an all-in-one ad marketplace for connecting podcast producers with advertising revenue sources. This venture will start in December when the new platform will open to Targetspot’s existing premium publishers and partners. That launch effort will represent 100-million monthly podcast downloads. It will eventually open to all podcast producers. Continue Reading
Spotify announced some minor updates to its Premium experience on mobile. Navigation is simplified, and finding content is more personalized. The updates begin rolling out globally across iOS and Android apps today. Continue Reading
Voice assistants have a steadily growing presence in smartphones and at-home entertainment. Now the technology is making a decisive move out onto the road with industry-leader Amazon. Continue Reading
A rattling shakeup is underway at Audible, the audiobook and audio content platform owned by Amazon. According to reporting by NPR, the entire podcast staff has been laid off. SVP of Original Programming Eric Nuzum has resigned, and shared a letter to friends with RAIN News. Continue Reading
AudioBoom, a podcast and audio on-demand company, has released its financial results from an extraordinarily eventful first half of its fiscal year. In the six months ending May 31, 2018, audioBoom posted a 43% increase in revenue to £2.6 million. COO Stuart Last posted additional context and interesting metrics to supplement the official report. Continue Reading
Verto Analytics released its annual index, offering a snapshot of performance for the most popular music streaming services. The report puts a focus on measuring listener loyalty with its “stickiness” metric and examines which platforms have had success attracting particular listener demographics. Continue Reading