Sirius XM has released its financials for the first quarter of 2020. The satellite radio and audio company reported revenue of $1.95 billion, up from $1.74 billion in the same period of 2019. Net income totaled $293 million, or 7 cents per share, up from $162 million, or 3 cents per share, in the year-ago period. Continue Reading
Podcast Radio, the interesting all-podcast DAB+ radio station in London, has announced a weekly interview show of its own called The Pod 20. It’s a chart show with a podcaster guest interview. The show will be hosted by Graham Mack Continue Reading
Tidal appears to be adding a unique new option for connecting with its library. Billboard reported that the streaming service is launching a free tier called Tidal Access. Continue Reading
Venerable podcast giant PodcastOne has joined Nielsen’s qualitative profiling service, Podcast Listener Buying Power. Nielsen’s service launched last August. It’s ultimate goal is to connect podcast advertisers with certain listener types as profiled by Nielsen’s Scarborough category database. Continue Reading
Live music events and concert weekends are all on hold due to the coronavirus, but many performers have been turning to online tools to still reach fans. The latest event to make the digital leap is the Red Bull Records Virtual Festival. Continue Reading
iHeartMedia has entered a partnership with Uno Radio Group, a leading Puerto Rico broadcaster. The move that will extend the iHeartRadio brand to Puerto Rico. Uno Radio Group listeners will receive access to iHeartMedia’s content and programming, and iHeart’s advertising partners will be able to work with Uno Radio Group’s stations. Continue Reading
Brief news items and worthy reads from around the web. Today, a writer defends Apple’s HomePod against two of its biggest criticisms, a startup explores the brave new world of podcast SEO, and an interview with Philip Glass on his audio branding for Sonos Radio. Continue Reading
A couple of weeks ago we looked at the stock performance of three publicly traded audio stocks from the first of the year. By placing the three trendlines at the same hypothetical point to start, we could compare their fluctuating gains and losses against each other as percentages. In this update we add Entercom to iHeartMedia, Sirius XM, and Spotify. Continue Reading
iHeartMedia celebrated Earth Day yesterday with the unveiling of a new initiative that encourages listeners to make small changes aimed at preserving the environment. The year-long campaign is dubbed iHeartRadio Earth. Continue Reading
Cisneros Interactive and Brandwatch collaborated on an investigation into how the COVID-19 pandemic has impacted digital listeners in Puerto Rico. The results are based on 700 online surveys taken between March 23 and April 6. Quarantining has led many Puerto Rican listeners to place a higher value on audio content. Continue Reading
Warner Music Group has made an investment in Africori, a digital music distribution company operating across Sub-Saharan Africa. Africori has worked with more than 6,500 artists and 700 labels, offering music rights management and artist development services as well as distribution. Continue Reading
Apple is rolling out its Services platform to 20 new markets. The move brings Apple Podcasts, the App Store, and more to a vast new international audience. Apple Music is going even bigger, launching in 52 more additional countries. Continue Reading