Pandora has started leveraging its purchase of Ticketfly, adding concert notifications to its online music platform. The notifications are based on individual listening preferences pulled from Pandora’s Music Genome Project. Continue Reading
“Music subscription economics continue to hit the wrong note […] the main culprit for all the red ink is licensing fees.” That is the leading executive summary point of SNL Kagan’s new edition of its annual Economics of Mobile Music, which documents fast growth of music subscriptions, but worries about financial sustainability. Continue Reading
Vevo and Warner Music Group may be nearing a deal that will see the label’s artists appearing on the video platform. According to Billboard, the agreement will see Warner artists’ music videos added to Vevo.com and the Vevo mobile app. The deal, which is more than a year in the works, could be finalized as early as this week. Continue Reading
Online radio portal Dash Radio announced several business developments as it begins a second year on interim funding. The influx of financing came from new and existing investors. The company has expanded its offices in Orange County, Calif., added new channels, and made several leadership appointments. Continue Reading
Sirius XM has reported another quarter of record-setting revenue. For Q2 2016, the satellite radio company posted revenue of $1.2 billion, up 10% over the year-ago period. As a result of the quarterly performance, Sirius XM has raised its 2016 guidance. Continue Reading
The European Broadcasting Union announced that it will be tasked with administering the dot-RADIO top-level domain name. “The EBU is delighted to have been recognized as the organisation to administer the .radio TLD in consultation with other sister organizations,” the group said. “This will be undertaken for the benefit of the radio community worldwide.” Continue Reading
French industry body SNEP has released results for the first half of 2016, which saw a turnaround of 6% growth. The group found that a third of France’s population listens by streaming, and streaming audio posted a 33% increase by volume. Continue Reading
SFX Entertainment has had a tumultuous year thus far, but it seems some of the recent decisions around its Beatport brand have had positive impact. The company opted to take the EDM specialist off the auction block in May and removed the streaming components of that brand to focus on the download store. Continue Reading
Darren Herft has stepped down from his position as CEO of Guvera. The co-founder left the leadership role more than a week ago following the streaming service’s rejection from listing on the Australian Securities Exchange. Continue Reading
The BBC iPlayer Radio app has made its stateside debut. Listeners in the U.S. can now download iPlayer Radio for free on both iOS and Android. Continue Reading
Spotify has lured yet another team member away from the BBC. This time, it’s Austin Daboh, who is departing BBC Radio 1Xtra to take on the role of Senior Editor, Content Programming UK. Continue Reading
VKontakte, a Russian social network, is planning to add a paid subscription tier for its music service. The update is slated to occur in early 2017, according to the Moscow Times. Continue Reading