App Annie’s Q3 report finds a global filter on the mobile music snapshot

App Annie has released a report on the top mobile music apps for the third quarter of 2015. Spotify topped the charts for worldwide active users, revenue, and downloads on both iOS and Android platforms. Several of the combined charts showed a heavy international bent, featuring apps based in South Korea and India rising through the ranks to land in the top 10. Continue Reading

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RESEARCH: Native digital media is “past a point of no return”

New research by Bain & Company determined that native digital media has reached a critical mass, and give some insights into how companies in entertainment, publishing, and services could begin to adapt. “Entertainment has passed a point of no return in its transition to native digital,” the report said. It pointed to five key points that businesses would need to address in order to see the most success and shared insightful data points to support this fast-moving trend. Continue Reading

Guvera raises $100 million; looks to IPO next

Guvera announced that it raised $100 million in a financing round over the holiday weekend. The streaming service’s leaders said they would next be turning their attention to an IPO, with plans to list on the Australian Securities Exchange or Nasdaq. “It’s a pre-IPO round…but we haven’t set any timeline,” CEO Darren Herft told The Australian Financial Review. Continue Reading

Warner and Esurance to sponsor Pandora’s stream of “Serial”

Warner Bros. and Esurance will sponsor Pandora’s presentation of the first and second seasons of hit podcast Serial. Earlier this month Pandora announced that it had agreed to be the “exclusive streaming partner” for a rerun of Serial’s first season, and the release of season two. The programming starts Tuesday. Continue Reading