DGital Media has added a new podcast to its roster, further fleshing out its sports programming. Suiting Up comes from Paul Rabil, an entrepreneur, online education expert, and lacrosse champion. The show will have conversations with leaders from the sports, business, and entertainment industries about their work. Continue Reading
Just months after securing the rights to a large portion of Prince’s catalog, Universal Music Group is looking to cancel the deal. According to a letter sent to Minnesota’s Carver County District Court, UMG is now calling on the court to rescind the deal and to get back the $31 million it paid for the rights. Continue Reading
Hot out of the box today for public consumption, the annual Techsurvey from Jacobs Media digs into podcasting, smart speakers, and other media consumption details. The survey groups consists largely of people in radio station databases, so while it is not a pure P1 population, we assume a built-in favorability to radio. That is useful for questions about radio pros and cons, and also an interesting lens for non-radio questions. Continue Reading
The first episode of the The Thrive Global Podcast With iHeartRadio has debuted. The new podcast is hosted by Arianna Huffington, media mogul and Founder/CEO of Thrive Global — a resource site that advocates for digital lifestyle balance. Continue Reading
Spotify has entered into a partnership with Capital One that will offer discounted music subscriptions to customers of both businesses. Under this collaboration, users who sign up for Spotify with a Capital One Quicksilver card will get a 50% credit rebate. The promotion applies to the full $9.99 a month tier as well as the student and family plans. Continue Reading
eMusic has experienced many iterations over the course of its long history in the music industry. The latest iteration of the company has returned to its subscription download model, a return to its roots that runs counter to one of the strongest recent trends in the business. Continue Reading
S-Town, the new podcast from Serial Productions, has surpassed 40 million downloads worldwide. The seven-episode series debuted in its entirety one month ago, and the download milestone makes the show the biggest rollout for a podcast to date. Continue Reading
Mobile music company Smule has received a $54 million investment led by Chinese conglomerate Tencent. The round will support the app’s expansion into Asia. It will also put the company on track for an initial public offering. Smule is now valued at $604 million, according to an unnamed source. Continue Reading
Amazon’s voice-activated Alexa operating system, the leading voice assistance platform, introduced a new product today: the Echo Show. Echo Show joins the original Echo smart speaker, Echo Dot miniature device, and Echo Look style assistant. Amazon says it’s about “ambient computing.” Continue Reading
Warner Music Group posted is Q2 financial results. Quarterly revenue for the major label totaled $825 million, up 11% from $745 million in the year-ago period. Digital revenue rose 21.9% to secure a 53.2% share of Warner’s total quarterly revenue with $400 million. Continue Reading
In the first few months of every new year, trade bodies from all corners of the globe reflect on their successes of the previous 12 months. Those analyses offer a snapshot of the music industry and the trends that cross national borders. For 2016, the results generally reflected a continued increase to the share of revenue delivered by streaming. Continue Reading
In one of the most eventful days in company history, Pandora released its Q1 earnings, disclosed the first subscription numbers for Pandora Premium, announced a new $150-million investment, altered its board rules making it easier to change directors, and accepted the resignation of its board Chairman and another board member. Continue Reading