SoundCloud is reportedly considering a sale of the company. Unnamed sources told Bloomberg that the online audio company’s leaders are looking for paths to boosting growth and profit. SoundCloud has made several developments in its audio offerings over the past year, most recently introducing Albums. Continue Reading
The hits keep coming for Guvera. The company announced that its streaming service will end operation in its home country of Australia next week. Instead, Guvera plans to shift its efforts to emerging markets. Continue Reading
Pandora has started leveraging its purchase of Ticketfly, adding concert notifications to its online music platform. The notifications are based on individual listening preferences pulled from Pandora’s Music Genome Project. Continue Reading
“Music subscription economics continue to hit the wrong note […] the main culprit for all the red ink is licensing fees.” That is the leading executive summary point of SNL Kagan’s new edition of its annual Economics of Mobile Music, which documents fast growth of music subscriptions, but worries about financial sustainability. Continue Reading
Vevo and Warner Music Group may be nearing a deal that will see the label’s artists appearing on the video platform. According to Billboard, the agreement will see Warner artists’ music videos added to Vevo.com and the Vevo mobile app. The deal, which is more than a year in the works, could be finalized as early as this week. Continue Reading
Webcast listening in May maintained flat performance month-over-month, shaving about one percent of Average Active Sessions (AAS) from April’s total across Triton Digital’s measured Webcast Metrics clients. The story was more vigorous in the year-over-year comparison. Continue Reading
Online radio portal Dash Radio announced several business developments as it begins a second year on interim funding. The influx of financing came from new and existing investors. The company has expanded its offices in Orange County, Calif., added new channels, and made several leadership appointments. Continue Reading
Sirius XM has reported another quarter of record-setting revenue. For Q2 2016, the satellite radio company posted revenue of $1.2 billion, up 10% over the year-ago period. As a result of the quarterly performance, Sirius XM has raised its 2016 guidance. Continue Reading
The European Broadcasting Union announced that it will be tasked with administering the dot-RADIO top-level domain name. “The EBU is delighted to have been recognized as the organisation to administer the .radio TLD in consultation with other sister organizations,” the group said. “This will be undertaken for the benefit of the radio community worldwide.” Continue Reading
Soon after Twitter launched, in March, 2006, it was dubbed a microblogging network. Podcasting is often compared to blogging. Is there such a thing as micropodcasting? One contender for that description is Anchor, a mobile-only app that invites users to connect with short audio voice recordings. Early adopters are passionate about it. Continue Reading
French industry body SNEP has released results for the first half of 2016, which saw a turnaround of 6% growth. The group found that a third of France’s population listens by streaming, and streaming audio posted a 33% increase by volume. Continue Reading
SFX Entertainment has had a tumultuous year thus far, but it seems some of the recent decisions around its Beatport brand have had positive impact. The company opted to take the EDM specialist off the auction block in May and removed the streaming components of that brand to focus on the download store. Continue Reading