Sirius XM has released its third-quarter financial and audience data. The satellite radio company posted increases in quarterly earnings, revenue and subscriber numbers over the same period last year. Investor Q&A focused on streaming competition. Continue Reading
Buzz, accusations, and legal jargon are swirling around the echosphere today in the wake of Spotify’s removal of the Victory Records song catalog from its library. Music licensing and royalty payouts in interactive streaming services are complex, sometimes compared to an impenetrable black box. Is there a solution? Continue Reading
Spotify’s UK subsidiary published financial results for 2014. Both subscription revenue and advertising revenue grew in 2014 from the previous year, in Spotify UK. The disparity in growth rates is interesting. Continue Reading
HP announced a rebranding of its Connected Music service. The streaming platform is now known as HP Lounge, and offers free radio-style streaming of tracks from Universal Music. The competitive strategy is unclear, but might be similar to Amazon’s Prime Music. Continue Reading
Programmatic advertising is the most important ad-tech trend of the decade, across the media landscape. “Online Audio’s Programmatic Path,” a panel discussion at next week’s RAIN Summit Atlanta, will being together experts from technology, the supply side, and the demand side. Continue Reading
In addition to the disruptive challenges faced by traditional radio as streaming continues to grow, there might be a perceptual challenge for the industry’s relationship with advertisers. That’s what Westwood One sought to reveal in a commissioned study from research company Advertiser Perceptions, the results of which can be interpreted to indicate that radio has greater consumer reach than buyers perceive. Continue Reading
Deezer is reportedly looking to raise enough funds to be valued at about €1 billion ($1.1 billion). The company’s reps have not made any comment on the reports. If true, and successful, Deezer would be the third dedicated streaming-audio company to reach a valuation in the billions of dollars. Continue Reading
Juniper Research released new data examining the outlook for ad-supported streaming revenue in subscription services. the report does not include non-interactive services like Pandora, which by itself exceeded $1-billion in total revenue over the past 12 months. Continue Reading
Apple has finally issued official numbers, with the announcement that Apple Music has 11 million trial members. Eddy Cue, the tech company’s senior vice president, spoke to USA Today about the streaming service’s performance so far. RAIN News’ Brad Hill and Anna Washenko each weigh in on whether 11 million is enough. Continue Reading
What is audience retargeting? Guest columnist Megan Malone explains how it works, and how retargeting can yield digital revenue for radio stations. Continue Reading
Research and consulting firm Atenga released a study of consumer demand for streaming music services. Atenga is a consumer intelligence platform with a specialty in pricing strategy. The purpose of this study was to find optimal price/revenue points for several online music services. Some results are surprising. Continue Reading
Brief news items and worthy reads from around the Internet. Bloomberg says Tidal is a “disaster.” Sony executives sign news contracts worth millions, in wake of leaked Spoptify contract. Continue Reading