The latest rumor about Spotify says that the streaming platform is looking for even more fundraising. An unnamed source is credited with the information that Spotify is looking to raise more than $500 million. Continue Reading
Apple released its first-quarter financial data, and the results revealed the tech company barely tipping into record-breaking territory. Overall revenue totaled $75.9 billion, up from $74.6 billion in the year-ago period. Continue Reading
DGital Media hit a new milestone in its programming with the launch of a weekly podcast hosted by J.J. Redick. Redick is the first and (so far) only current NBA player with his own podcast. The starter for the L.A. Clippers will discuss basketball as well as his life in Los Angeles. Continue Reading
Amazon’s Prime Music service has added more features for its UK listeners. The platform now offers hundreds of radio stations in that market, along with a song lyrics display from X-Ray Lyrics for tens of thousands of tracks. Continue Reading
CÜR Music has been gathering resources to launch a new approach to the streaming music business. According to SEC filings, Universal Music Group, Sony Music Entertainment, and Warner Music Group have all licensed songs to the new platform in exchange for equity. Continue Reading
Programmatic radio advertising company Jelli released a press notice which summarizes the gains of programmatic advertising for radio in 2015. It sets the stage for a 2016 agenda of increased programmatic buying of radio ads. We spoke to Jelli CEO Mike Dougherty about buyer demand for programmatic ad campaigns. Continue Reading
Entering 2016, Chicago-based Rivet Radio is shifting to focus on serving business customers, putting its consumer-focused enterprise on the back burner for the time being. We spoke to Rivet CEO John MacLeod about Rivet’s mission to build data-smart on-demand talk content in its cloud-based system. Continue Reading
Spotify has been building momentum for a push into Japan, and the increasing number of job postings for the nation may indicate that the company is nearing a launch date. The streaming company currently lists 12 open jobs for its office in Tokyo. Continue Reading
Bridge Ratings released data about the podcasting trend, sharing audience data so far for 2016. According to their findings, 30% of study participants have ever listened to a podcast. Continue Reading
WQXR-FM’s Q2 Music channel has announced the launch of a new podcast series focused on contemporary classical music. The show, titled LPR Live, will include performances recorded at New York City’s Le Poisson Rouge music venue. Continue Reading
The UK has a strong radio culture, thanks to the long legacy of the BBC and widespread radio-set ownership. But we’re seeing more and more outlets in the region pushing the boundary between lean-back and lean-in as they transition into the digital space. Capital Xtra, the radio app from media/entertainment company Global, has recently made strides to offer features that would usually be the purview of on-demand services. Continue Reading
The Copyright Royalty Board (CRB) published its acknowledgement of SoundExchange’s intent to audio the music royalty payments of Pandora and several broadcast groups. An audit sounds alarming, but in fact is a standard annual process. Continue Reading