Midroll Media: $10-million operating revenue in Q2; comments from earnings call

Scripps-owned podcast content and advertising company Midroll Media booked $9.97-million in operating revenue in the second quarter, according to the SEC-filed 10-Q for E.W. Scripps. The roughly $10-million revenue represents a substantial gain of 35% over last year’s Q2 revenue for Midroll. Company executive comments from the earnings call. Continue Reading

AdsWizz delivers nearly 4% interaction rate with latest ShakeMe digital audio ad campaign

AdsWizz continues to share insights from brands using its new ShakeMe mobile technology for audio advertisements. The ad format, which lets listeners take a pre-determined action by shaking their smartphones, was the center of a campaign for Shell Car Wash that aired on German digital streaming radio service Rock Antenne. Continue Reading

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iHeartRadio partners with AI to offer digital listeners gapless playback and improved song transitions

iHeartRadio has collaborated with artificial intelligence platform Super Hi-Fi to improve the digital listening experience by imitating some of the nuances of a live radio broadcast. Super Hi-Fi will provide smoother song transitions such as precise crossfades, volume leveling, and gapless playback to digital listeners. Continue Reading

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Songwriter groups and mechanical licensing companies reach accord on competition in Music Modernization Act

After some sharp exchanges, the music industry may be reuniting in its support of the Music Modernization Act, at least when it comes to mechanical licensing. Last month, several companies that currently operate in the mechanical licensing space traded barbs with songwriter groups over an effort to change that portion of the proposed legislation. Yesterday, the parties announced a new compromise. Continue Reading