RadioPublic’s Podfund announces first new podcast investments

Two months ago RadioPublic announced Podfund, a venture-backed podcast incubator funded by $2.3-million in venture investments. It is an open-door plan that any audio producer can enter for a shot at gaining a $25,000-$50,000 bankroll, with a revenue-share plan of 7-15% over three years. Today RadioPublic is announcing three audio projects which have gained Podfund support. Continue Reading

NMPA and partners win bid for Music Licensing Collective under the Music Modernization Act

The U.S. Copyright Office has made an important step forward in enacting the provisions passed by the Music Modernization Act last fall. The office selected the group led by the National Music Publishers Association to manage the creation and operation of the Mechanical Licensing Collective. Continue Reading

DAX report finds high interest and increased spending on digital audio advertising in the UK

DAX, the digital audio exchange owned by Global, has published its annual report tracking interest in digital audio among advertisers and media agencies in the UK. The resulting whitepaper, titled The Rise of Digital Audio Advertising, describes survey research performed by MTM in the UK. The survey population included 147 manager-level and above employees at media agencies, and 68 people working for brand advertisers.  Continue Reading

PODTRAC: NPR top publisher in June (plus RAIN data remix for audience-per-show)

Podtrac released the Top 10 Podcast Publishers ranking for June. In it, the tightly competitive reign of NPR (#1) and iHeartRadio (#2) continued as in previous months. RAIN has remixed the ranker to list publishers according to the size of audience, and number of plays, per show produced by each publisher. The result shines light on the power of hit shows vs. the power of a network ecosystem.  Continue Reading

RAIN Summit Fireside Chat transcript: Alexis van de Wyer (AdsWizz) and Simon Thomas (Omnicom Media Group)

In a RAIN Summit and RAIN News first, we are pleased to offer a complete transcript of a Fireside Chat session from the RAIN Digital Audio Advertising Summit in Chicago, June 4. The team at AdsWizz, a Presenting Sponsor and participant in the onstage conversation, created the transcript for RAIN News readers. Continue Reading