NetEase Cloud Music has secured a financing round of $600 million to help it compete in both China and on the global stage. The streaming service has more than 600 million registered users and is a major player in China’s music market. Continue Reading
Spotify expanded into two new spaces this week. First, the streaming service has launched an app for Apple Watch. The other development for Spotify is a geographic expansion, with a launch into the Middle East and North Africa. Continue Reading
Spotify has secured another veteran hire from Condé Nast Entertainment. Sahar Elhabashi is reportedly joining the streaming service as vice president, head of content business. She spent more than six years at the media juggernaut. Continue Reading
Triton Digital announced that Mediacorp, the leading media company in Singapore, has signed on to use its services in digital audio and podcasting. Under the terms of the arrangement, Mediacorp will use Triton services for online audio delivery, ad insertion, and programmatic ad sales. It will also leverage Omny Studios’ podcasting expertise. Continue Reading
A London tube strike did not prevent 200 delegates from attending RAIN Summit Europe at the British Museum on Wednesday. A full day of presentations, interviews, and panel talks covered podcasting, streaming, advertiser expectations in digital audio, research, and the coexistence of radio and streaming. The event featured a diverse roster of speakers from the U.K. and the continent, as experts came from France, Germany, Italy, and Belgium to participate. Continue Reading
The E.W. Scripps Company has released its third-quarterly financials. The period included several big business developments for the media giant, including the announcement of plans to acquire Triton Digital and a rebranding of its podcast efforts. Continue Reading
Spotify has opened access to yet another feature for its free listeners. Spotify Connect, which lets listeners stream their music to speakers enabled with the tech over Wi-Fi rather than Bluetooth, will be updated to include people on the ad-supported tier. Continue Reading
YouTube paid more than $1.8 billion in ad revenue to rightsholders in the music industry from October 2017 to September 2018. According to the How Google Fights Piracy report, that figure brings YouTube’s total music industry payments to more than $6 billion in ad revenues. Continue Reading
Nielsen announced that Westwood One and Panoply Media will use its technology for auto marketing and measurement. Both parties will leverage the Nielsen Auto Cloud fueled by J.D. Power to target car buyers across radio, streaming audio, and podcast media with relevant messages that meet the changing needs of their audiences. Continue Reading
Spotify has been making a big effort to put more data in front of the music industry. The latest move in that vein is the beta launch of Spotify Publishing Analytics. The streaming audio company will offer daily streaming statistics such as playlist performance for the works and recordings a publisher identifies. Continue Reading
iHeartRadio has unveiled a new family plan level for its All Access on-demand subscriptions. The service supports up to five people on the plan. Continue Reading
Apple has hired Rebekah Horne as its new head of music and other services for Australia and New Zealand. In this capacity, she will guide services including Apple Music, iTunes, and the App Store for those markets. Continue Reading