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Liberty Media isn’t giving up on a possible iHeartMedia acquisition

The rumor mill turns once more. After a back-and-forth earlier this year that eventually came to naught, Liberty Media CEO Greg Maffei said in the company’s Q1 earnings call that the company is still potentially interested in acquiring iHeartMedia. “iHeart is an attractive free-cash flow generator,” he said. “At the right price, I think it would be additive to our music holdings.” Continue Reading

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Spotify acquires mechanical licensing specialist Loudr

Spotify has acquired mechanical licensing company Loudr, a move that could bring more expertise and technology into the streaming company to tackle that thorny topic. Loudr offers services to help content creators, aggregators, and music services to identify and pay mechanical royalties to publishers. Continue Reading

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Liberty Media attempts 11th-hour partial acquisition of iHeartMedia

Liberty Media, majority owner of Sirius XM and minority owner of Pandora, has offered a term sheet that would grant it ownership of a 40% stake in iHeartMedia for $1.159 billion. This move is an eleventh-hour deal in reaction to iHeartMedia’s difficult financial situation. It also isn’t the first time Liberty has broached a last-minute audio investment. Continue Reading

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Triton Digital and audioBoom announce merger to create preeminent online audio technology company

Today, Triton Digital®, a leading technology and services provider to the digital audio industry, announced a planned merger with UK-based podcast network and technology provider audioBoom, in which Triton Digital will combine with AudioBoom Group PLC, the corporate structure by which the British podcast platform company is traded on the London Stock Exchange. Exclusive interview with Neal Schore. Continue Reading

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Apple acquires Shazam

Over the weekend TechCrunch broke news from undisclosed sources in Apple that the tech giant was close to acquiring market-leading music-ID platform Shazam — Apple confirmed the acquisition this morning. The enormously popular and influential Shazam has historically taken the role of Switzerland, standing in the midst of Spotify, Napster, Apple Music and others, offering to funnel ID’d songs to the user’s preferred listening platform. That could change. Continue Reading

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Apple acquires Pop Up Archive, amassing an ever-greater podcast empire

Apple has acquired Pop Up Archive, the online platform of building tools to transcribe, organize, and search audio files. This acquisition includes podcast search engine Audiosear.ch, which shuttered late last month. Apple’s only comment on the development is its stock statement: “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” Continue Reading