Apple announced its financial results for the second quarter ending March 31. The tech giant reported quarterly revenue of nearly $61.14 billion. That’s a 4% increase from the second quarter of 2017. Quarterly earnings rose 30% on-year to $2.73 per diluted share. Continue Reading
Programmatic specialist Jelli has announced several developments for its executive leadership. First, the company hired Rich Knopke as chief revenue officer. He will lead efforts to grow revenue and expand strategic relationships with radio broadcasters and digital audio publishers. Continue Reading
Edison Research released data from The Infinite Dial: Heavy Radio Listeners, a subset of data from its 2018 analysis with Triton Digital. These results focus on Americans who reported listening to more than one hour of radio in the past day in their audio diaries. The heavy radio listeners account for about 30% of the over-12 population. Continue Reading
Gimlet Media is hosting a contest to find a new, original voice to be the next big podcast host. The company is partnering with perennial podcast advertiser Squarespace for the competition. The duo is encouraging applicants who have perspectives outside what has become mainstream for podcasting. Continue Reading
iHeartRadio is releasing a daily news podcast, joining a niche space in audio that is becoming more popular with listeners and publishers. The Daily Dive will have new 15 minute episodes every weekday at 6 a.m. Eastern. iHeartMedia producer, writer, and editor Oscar Ramirez will host the program. Continue Reading
The BBC has entered a deal with Sweden-based podcast company Acast. Under this partnership, Acast will be the official partner for commercialization of BBC podcasts and audio outside of the UK. The deal is a joint initiative between the BBC World Service and BBC Radio & Education. Continue Reading
Entercom has hired two executives for its Radio.com brand in a move to strengthen that digital property within the broadcaster’s portfolio. First, Pamela Russo has been named as senior vice president and general manager. The second hire is Christopher Rosen, who will be the editorial director for Radio.com. Continue Reading
Triton Digital has announced another integration for its a2x programmatic ad exchange. The platform has been incorporated into DynAdmic, a content-targeted video advertising network. The deal will allow DynAdmic to leverage its proprietary audio recognition technology to offer advertisers hyper-targeted access to the premium digital audio inventory of a2x. Continue Reading
Podcasting company PRX has signed with entertainment agency WME. Through this agreement, WME will work to expand PRX’s business into the fields of film, television, and books. Continue Reading
FreeWheel Advertisers, formerly known as STRATA, has released results from its latest quarterly agency survey, which details opinions and outlooks for programmatic advertising. The most recent results point to growing adoption of programmatic technology across media. Continue Reading
Sony has reported its earnings for its fiscal year ending March 31, and streaming helped bolster growth for the company’s music division. Overall, Sony Music saw a 12% increase in revenue to $4.03 billion. Continue Reading
Castbox has secured a Series B funding round of $13.5 million for its podcast app, bringing the total raised to $29.5 million. SIG China led the round, with existing investors IDG Capital, Qiming Venture Partners and GSR Ventures also participating. Continue Reading