Sirius XM has released its financial results for the fourth quarter and full year of 2019. The company’s acquisition of Pandora in February 2019 had a notable impact on its earnings, including a boost to overall revenue, although higher costs in acquisition, refinancing, and other areas did bring down annual income. Continue Reading
The BBC has shared a few statistics about its BBC Sounds, one of very few peeks behind the scenes with its app effort. During the last quarter of 2019, the app attracted a peak weekly audience of 2.9 million, besting the record of 2.5 million in the third quarter. Continue Reading
Paradiso, a French podcast studio, is making the leap to the U.S. The company is planning to launch a slate of original podcasts and to adapt its existing formats for U.S. audiences and other English speakers. The company hired Emi Norris to head up its local efforts. Continue Reading
Acast announced a new addition to its leadership team. Brian Danzis is joining the podcast company as its managing director for the Americas. He will head up Acast’s expansion across the U.S., Canada, and Mexico. Continue Reading
Europe’s move to adopt new copyright laws was a top story in tech headlines last year. While music organizations all around the EU were part of the push for adoption, the UK was a notable presence in the lobbying effort. Now, the UK may not see the results of their efforts. Continue Reading
Research from DMA investigated recent audio trends in the UK. The survey found that 37% of Britons listen to podcasts every month. The 16-34 age bracket was the most involved with podcasts. Continue Reading
iHeartMedia announced a podcast production deal with OZY Media. Under their multi-year agreement, the companies will co-produce and promote a slate of shows for the iHeartRadio Original Podcasts network. Continue Reading
Beasley Media Group has promoted within the family for its latest digital role. Erika Beasley has been appointed vice president of digital content for the company. She joined Beasley in 2004 as a traffic manager. Continue Reading
One of the more recent streaming service lawsuits is expanding its reach. In November, Sosa Entertainment and Pro Music Rights filed a suit against Spotify. Pro Music Rights has filed additional lawsuits against ten more streaming services. Continue Reading
Podcast database Podchaser announced that it has raised seed funding of $1.65 million. The company will use the money in support of its three core initiatives: advanced search and discovery, industry-wide data standardization, and data-driven marketplaces for connection. Continue Reading
Barstool Sports has a new investor. Following up on rumors of a deal, Penn National Gaming has taken a minority stake in the sports media company, which includes a popular podcast network. The agreement will see casino operator Penn National take on a 36% interest stake. Continue Reading
Audioboom introduced three original new shows that will debut on its network this year. The podcasts cover a range of topics and potential audiences. Continue Reading