Apple Music is teaming up with Verizon for a telecom bundle. “It gives our customers exactly what they want,” said Angie Klein, vice president of marketing for Verizon, in an official statement. Continue Reading
Finance institution Citi has released a research report on the global music industry that is garnering headlines in the music press and sparking social media conversation among musicians. A comprehensive whitepaper and flow chart of music revenue was authored by a six-person international team. Continue Reading
7digital has entered a licensing deal with Triller, a video app powered by artificial intelligence. “We are delighted to partner with Triller and share news of our deal today,” 7digital CEO Simon Cole said. Continue Reading
SoundCloud has reintroduced comments on its mobile platform, after several years in which the social feature was not included in the app experience. Listeners on both iOS and Android can add their notes to tracks and read the comments from others. Continue Reading
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves include a departure from Spotify’s Australia/New Zealand branch, plus new titles bestowed at YouTube and Ingrooves. Continue Reading
Audioburst announced a new investment that will see it making moves into Japan. The company specializes in analyzing spoken word content through AI and natural language processing. Continue Reading
MusicWatch has shared a new study exploring the relationship between social media and music. According to the survey’s results, 9 out of 10 regular social media users on the most popular apps have some form of activity related to music or artists. The most common activities on social are simply following a band or performer, but the networks can provide additional context and engagement around music. Continue Reading
Triton Digital announced that its Triton Ad Server, known as Tap, has been integrated with Tru Optik. The new partner specializes in measurement and attribution in connected TV and over-the-top advertising. Continue Reading
A rattling shakeup is underway at Audible, the audiobook and audio content platform owned by Amazon. According to reporting by NPR, the entire podcast staff has been laid off. SVP of Original Programming Eric Nuzum has resigned, and shared a letter to friends with RAIN News. Continue Reading
Warner Music Group posted its financial results for the period ending June 30, the major label’s fiscal third quarter. Total revenue for the period grew 4.5% on-year to $958 million. In addition to the financial updates, Warner also shared details about how it handled its Spotify stock. Continue Reading
Apple Music is expanding its standard set of discovery playlists. The streaming music platform has added a Friends Mix, which collects 25 songs that a listener’s friends on the platform have been listening to in heavy rotation. Apple has been expanding the social side of its streaming service with recent operating system updates. Continue Reading
iHeartRadio announced that it has reached another audience milestone. The audio platform now has 120 million registered users. This metric, which is distinct from monthly active users, has grown from the 100 million registered users it reached in in March 2017. Continue Reading