Pandora’s Q3 earnings call on Thursday marked an anniversary of the one-year directorship of CEO Brian McAndrews. McAndrews told a story of record-breaking financial results, and slowing audience growth. Wall Street punished the company severely in after-hours trading following the late-afternoon call, and in today’s formal session. Continue Reading
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A seven-minute blast of news you need to know in streaming music and online audio. This week: Deezer acquires Stitcher; Pandora earnings; Spotify study; Google relaunches streaming; Pandora AMP; NASA in SoundCloud.
This week: Sirius XM loses again in court; NextRadio milestone; SoundCloud’s struggles; SONY publishing threat; TuneCore payouts; Twitter’s new music feature Continue Reading
Deezer, the Paris-based on-demand music service which operates in 180 national markets, has acquired Stitcher, the market-leading podcast app. The breakthrough deal puts a whole new category of content into the Deezer library. RAIN spoke to Tyler Goldman, Deezer’s CEO of North America. Continue Reading
The inverse relationship of streaming music and music sales is well known: Streaming up, sales down. A similar symbiotic relationship exists between music concerts and music sales. But how do streaming and concerts interact? Is the relationship mutually beneficial? That’s what Spotify’s Director of Economics Will Page set out to discover in a new study. Continue Reading
Patrick Reynolds, Chief Strategy Officer of Triton Digital and a featured speaker at the upcoming RAIN Summit Europe in London on November 4, says that streaming could be the meat of the FM sandwich. That tasty analogy came up in a phone conversation with RAIN recently, in which Reynolds previewed the panel discussion he will moderate in London: “Measuring and Monetizing FM’s Online Audience.” Continue Reading
Anyone interested in buying, selling, or supplying technology for digital audio advertising should know about the upcoming standard specification for audio ads — DAAST (Digital Audio Ad Serving Template). Next Thursday, October 30, the IAB will host a webinar to introduce the proposed standard in a different format. Registration is free and open to everyone. Continue Reading
Programmatic ad buying is established in web display, but still a fairly new alternative for online radio and streaming audio. “It is a very important that we offer it as part of the mix,” Alexis van der Wyer, CEO of ad-tech company AdsWizz told RAIN. “I strongly believe that although it’s small in volume today, it will continue to grow. It will be an important component.” We spoke with the AdsWizz CEO before he takes the stage at RAIN Summit Europe. Continue Reading
Buying media is easy. Getting people to watch commercials is not. That’s the premise behind Pandora’s new Sponsored Listening program. The new initiative just launched with two brand partners, Fox and Sony PlayStation. Continue Reading
Last week we wrote about pre-roll ads, their benefits, with an example from Live365. This week we were on the prowl for streaming music ads that are invoked by skipping songs in an online radio station. We turned to iHeartRadio for examples, and were quickly rewarded. Continue Reading
As webcasters have submitted their royalty-rate arguments to the Copyright Royalty Board, the fight for favorable music licensing rates shifts into high gear. Broadcast law attorney Davide Oxenford takes stock of key points in the submitted briefs, clearly summarizing complex considerations. Continue Reading
Woofer Radio is the Pureplay of the Day. There are many thousands of genre pureplay Internet radio stations. Much rarer are pureplays that fearlessly cross genres with great sensibility and taste. The best examples of that sort of station build loyalty quickly for their great and unpredictable music curation that creates a surprising and satisfying experience. Continue Reading
Month-over-month webcast listening was flat in August, according to Triton Digital’s monthly Webcast Metrics Top 20 Ranker. Our analysis also looks at the year-to-date view. Monthly growth was led by Idobi Radio; year-over-year gains were topped by Townsquare. Continue Reading