Pandora Earnings: Steady audience metrics disappoint investors

Pandora’s workmanlike earnings call conveyed the impression of offhand dominance in the field, but after-hours investors sent the stock careening down a steep slope, off 12% in early evening trading.

The company met financial expectations, but lowered guidance for the current quarter (Jul – Sep). Perhaps more influential to trigger-happy investors were the audience metrics, which showed no audience growth. There was expansion of listening hours, however, emphasized by CEO Brian McAndrews as the more important key in the revenue equation. Continue Reading

New research on “digitally native music consumers”; online music is the key category

MIDiA Research, recently launched by Mark Mulligan, has completed a study examining the characteristics, attitudes, and behavior of “digital natives.” The focus is mostly how they approach music. What are Digital Natives? A young demographic that has never known a world without online connectivity and unlimited music and audio choices. Understanding the mindset and decisions of that population shines light into the future of listening. Continue Reading

Amazon’s Prime Music expands catalog and curated playlists

Amazon’s Prime Music, which launched in June, has enhanced its service with “hundreds of thousands of songs,” and a big raft of new house-curated playlists. The service is pressing its strategy of providing easy lean-back listening to music mixes to Prime members, and de-emphasizing lean-forward music searching and collecting. We took the opportunity to give the service a second review, this time in an Amazon Kindle Fire HD tablet, presumably the, er, prime interface for the platform. Continue Reading

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SHOUTcast re-launches with Radionomy integration and improvements for station owners

Venerable Internet radio platform SHOUTcast, which was acquired from AOL by Radionomy early this year, is re-launching this week with enhancements that should benefit SHOUTcast station owners. The SHOUTcast brand, station directory, and back-end tie-ins with mobile apps all remain intact. The noteworthy changes are intended to provide station owners with a less expensive, more lucrative, and better informed experience. Continue Reading

Marketron announces location-based advertising solution

Business software company Marketron today announced the addition of location-based advertising to its suite of monetization products. Location-based advertising addresses the dominant trend in digital listening, which is the migration of consumers to mobile environments. An eMarketer study this month concluded that mobile advertising will surpass traditional radio advertising revenue this year. Continue Reading

iHeartRadio partners with AdsWizz to monetize streams

Clear Channel’s iHeartRadio is partnering with ad-tech provider AdsWizz to create “unique and integrated digital advertising capabilities,” it was announced this morning. The partnership will enhance ad insertion and targeting across a wide scope of brands and content — over 840 Clear Channel radio stations that stream live webcasts on the iHeart platform. Continue Reading