Year-over-year listening to streams gained 13% in May, according to Triton Digital’s monthly Webcast Metrics report, released today. Webcast listening in May was mostly flat compared to the previous month, looking at Triton Digital’s top 20 streaming clients. Pureplay internet streaming grew at a dramatically higher rate than broadcast streaming, year-over-year. Continue Reading
YouTube Head of Music Lyor Cohen said that Google Music Play and YouTube Red will be combined into a single property. Cohen confirmed the eventual merger during a session at the New Music Seminar event in New York. He said the move would help educate consumers and increase the company’s subscriber numbers. Continue Reading
Brief news items and worthy reads from around the web: Podcast ads hitting a paradigm shift; streaming and diamond certification; the surprising inspiration behind Apple earbuds. Continue Reading
Apple has announced two new talent developments within its Apple music streaming service. First, its has added the newest artist for its Up Next discovery program. Second, South African DJ and producer Black Coffee is joining the roster of Beats 1 hosts. Continue Reading
ASCAP and BMI announced a collaboration that will see the two performing rights organizations create a single comprehensive database of musical works from their libraries. The database will contain an overview of shares and rights information for much of the music licensed in the United States, offering more clarity around music ownership. Continue Reading
Facebook’s possible plans for music content continue to take hazy shape as the company assembles tech and talent in that space. The latest development is the acquisition of Source3, a startup that specializes in “analyzing branded intellectual property in user-generated content.” The Source3 team and the company’s technology will be incorporated into Facebook’s ranks. Continue Reading
Brief news items and worthy reads from around the web: College radio lives on and digital radio grows in Denmark. Continue Reading
iHeartRadio announced a new digital-focused promotion. Tony Molaee has moved into the position of vice president of digital programming operations for the company. In this role, he will work to support the national team for digital programming and continue his leadership for the local New York City market. Continue Reading
Alphabet, the parent company behind Google, has announced its second quarter financial results. The company posted quarterly revenue of $26 billion, up 21% on-year. Net income for the period depended on whether the recent $2.7 billion fine levied by the European Commission was included in the accounting. Continue Reading
For the release of his newest work, Jay-Z opted to gate the album to his Tidal streaming service for one week. But even after distributing the music to most other digital platforms, Spotify still does not have 4:44. That may not be a cheap decision for the artist, and it also shows that Spotify has still not shaken some long-held assumptions among A-list performers. Continue Reading
Pandora stock is benefitting today from two encouraging pieces of Wall Street news. As of this post, P stock is up three percent, to its highest level of July. One investor’s note to clients reveals how Pandora is re-allocating resources to favor the radio service, putting Pandora Premium in maintenance mode. Continue Reading
Podtrac’s June 2017 podcast rankings marked another month of shuffling. While many of the top players remained the same from May, a few familiar faces fell in the standings. The big change was NPR’s Invisibilia returning to the list, landing at the No. 4 spot. On the other side of the coin, Serial dropped out of the top 20 entirely. Continue Reading