Panoply Media has been making big changes in how it approaches the business of podcasting, and today it capped off those changes with a rebranding. The company will now be called Megaphone, adopting the same name as its hosting and ad-insertion service. According to the press release, the changed name reflects the business’ focus on podcast technology and infrastructure. Continue Reading
The IAB Australia has published its annual audio advertising report. The analysis shows strong support for streaming audio, with 87% of agencies using the format in 2018. Streaming digital audio was a regular part of ad activity for 62% of media agencies in the country. Continue Reading
New York Public Radio announced that COO Depelsha McGruder will serve as its interim CEO beginning this spring. She will take over on a temporary basis on April 1 following the departure of Laura Walker, who was the organization’s president and CEO for 23 years. Continue Reading
B2B music company 7digital has reached a settlement with German music service Juke that will end their partnership. The companies started collaborating in 2017 when 7digital acquired 24-7, Juke’s parent company, from MediaMarktSaturn. 7digital assumed regular operations of Juke through that deal. Continue Reading
Luminary Media has unveiled its slate of podcasts representing more than 40 creators for its upcoming launch. The podcast company is working with celebrities such as Lena Dunham, Trevor Noah, and Conan O’Brien’s Team Coco. Continue Reading
Triton Digital has partnered with Medialaan – de Persgroep Publishing, a Belgian commercial media company, as its newest client. Medialaan will use Triton’s services for delivery, monetization, and measurement of its streaming audio material. Continue Reading
Brief news items and worthy reads from around the web: What’s the most popular key signature for hits? De La Soul’s difficult road to digital continues. What’s next for radio in cars? Continue Reading
Spotify is bolstering its efforts in podcasting with a new hire focused on original shows. Liz Gately has joined the audio streaming service as head of creative development, a role that will see her leading the company’s original content development teams in New York and Los Angeles. Continue Reading
The RIAA has released its 2018 report, and the analysis includes several new firsts and milestones for the music industry. The year saw several important records logged in streaming music, which continued to be a top growth driver for music in the United States. Continue Reading
Consent decrees are back in the headlines. These rules govern how performing rights organizations ASCAP and BMI collect fees for use of their catalogs, but now the Department of Justice is reviewing the decrees and considering their end. Today, ASCAP and BMI issued an open letter with their stance on the possible reforms. Continue Reading
Independent music company CD Baby is embarking on a global expansion with several new hires in Latin America, Asia Pacific, Canada, the UK, and the EU. These new regional specialists will be responsible for increasing CD Baby’s existing presence or putting new roots down. Continue Reading
One of the big music industry narratives this year will likely be the expected sale of up to a 50% stake in Universal Music Group. Two very different potential buyers have already emerged. Reuters reported that Tencent Music Entertainment and U.S. buyout fund KKR are each exploring bids for the major label. Continue Reading