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App Annie 2016 report: Mobile driving revenue for streaming’s old guard

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Mobile analytics specialist App Annie has published its 2016 Retrospective. The report tracked another year of growth for the app industry, growth in worldwide downloads and time spent in app. Many other reports last year pointed to mobile as a key source of listeners for streaming music services, but this retrospective revealed that it can also be a big revenue driver. Continue Reading

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Millennials opt for digital audio, phone connections in cars

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We covered the early results from Music Biz Consumer Insights and LOOP’s latest study of in-car listening, but the final report offers some more detail into the breakdown of technology choices and listener ages. For in-car listening, 75% of respondents said they listen to AM/FM radio. CD listening came in a distant second with 38%, while digital music files had 18% and streaming Internet radio had 15%. Podcasts secured just 6%. Continue Reading

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Edison Research: AM/FM still leads Share of Music, but streaming and mobile are catching up

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Edison Research has presented the latest installment of its Share of Ear series. The new report is titled Share of Music and it focuses on American adults’ music listening habits. This analysis reveals ongoing changes to where and when AM/FM radio still holds the largest share, as well as who is most frequently tuning in. Continue Reading

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New podcasting startup Bumpers arrives with $1 million in funding

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Bumpers is the newest mobile app exploring the podcast space. It allows people to record their own podcasts directly on their phone. The company secured $1 million in seed funding and its app is currently available on iOS. Spark Capital led the round, and Twitter co-founder and Medium CEO Evan Williams is involved as a strategic angel investor. Continue Reading