Brief news items and worthy reads from around the web: NYT on why CDs rule Japan; Dash Two on internet radio for advertising; GM narrowing focus for connected car apps. Continue Reading
Personal Audio won its patent infringement lawsuit against CBS. The company is commonly seen as a patent troll, holding intellectual property rights for what it claims is an essential part of podcasting. A jury in Marshall, Texas, supported Personal Audio’s claims and awarded it damages of $1.3 million. The company has outstanding patent suits against the FOX and NBC networks. Continue Reading
Podcast listening is a big deal — that’s the key message from Edison Research as it continues to divulge new aspects of its “Share of Ear” study, released to subscribers in June. Continue Reading
RAIN News founding editor Kurt Hanson delivered his semi-annual State of the Industry Address at RAIN Summit Indy last week. In addition to expected Star Trek references, and a disconcerting Star Wars mention, Hanson drew trendlines, isolated an important consumer demand across all media, targeted problems with certain industry products, and suggested solutions. Continue Reading
Pandora is working with car dealer Lexus to host a series of four free pop-up concerts in Southern California. According to Pandora’s press release, the streaming radio platform used its Big Data stores to determine the best artists to feature at each concert location. It will extend invitations to the Lexus Pop-Up Concert Series to Pandora listeners who enjoy the headlining musicians and similar artists. Continue Reading
In its most recent Local Commerce Monitor (LCM), an ongoing survey of advertising behaviors among small and local businesses (SMBs), BIA Kelsey found high ranking for ROI (return on investment) when advertising in streaming radio. More survey participants rated streaming radio highly for ROI than they did for over-the-air (OTA) radio. Continue Reading
Brief news items and worthy reads from around the web: Tim Cook talks Beats with Charlie Rose; infographic illustrates long history of music sharing; local Argentinian tax on foreign online subscription services; physical music sales up at CD Baby. Continue Reading
“Clear Channel announced today that it has become iHeartMedia, reflecting the company’s success in becoming a one-of-a-kind multi-platform media company with unparalleled reach and impact,” according to the press release. Darren Davis, President of iHeartMedia, remarked in an email, “iHeartMedia reflects the momentum of iHeartRadio and how consumers and advertisers engage seamlessly across our diverse live media platforms — broadcast radio, digital, mobile, social, TV, outdoor and events.” Continue Reading
Shazam’s Android app now has integrations with Google Play and Google Play Music All Access. The Android marketplace is now the featured resource for buying a track tagged in Shazam. Google’s on-demand music service joins Rdio, Spotify, and Deezer as ways to stream a song you’ve identified. The streaming networks are all visible by tapping the drop-down menu with the play button icon. Continue Reading
There are two main revenue paths for online streaming audio: advertising, and subscriptions. The balance of the two differs among music services. We recently spotted some Live365 spots which use banner inventory attached to audio ads to funnel users into subscribing. Continue Reading
AudioHQ, a digital audio ad-repping company, entered the market today with an announcement of a launch partnership with 8tracks, the crowdsourced uploading and listening platform. AudioHQ started in May of this year, and RAIN spoke with CEO Matt Cutair about his company, the digital audio advertising marketplace, and the 8tracks alliance. Continue Reading
At RAIN Summit Indy last week, Jeff Wender, Nielsen SVP of Digital, spoke on the Big Data panel, during which he fielded this question from the audience: “Could you give us an update about where Arbitron [Nielsen Audio] is in measuring streaming radio, and what we can potentially see in the future?” Nielsen president Steve Hasker divulged more detail at a Goldman Sachs conference. Continue Reading