Warner Music Group is going public once more. Yesterday, the major label announced its plans for an IPO and filed with the SEC to move ahead with the common stock offering. WMG has been a privately owned company for the past eight years. Continue Reading
Apple Music has landed a new deal with Genius, the lyrics and music metadata company. With their latest agreement, Apple Music will now co-produce the Genius show Verified. It will also exclusively premiere episodes every weekday, and the episodes will then be shared on the Genius YouTube channel within 24 hours. Continue Reading
Spotify posted several notable increases in its fourth-quarter earnings report. Revenue, subscribers, and podcast interest were all on the rise for the streaming service over the course of 2019. Continue Reading
Alphabet released its fourth-quarter and full-year earnings, with an unusual amount of detail disclosed about YouTube. In the past periods, YouTube details have been bundled in with Google results, but the tech giant’s leadership has opted to provide specifics about the video platform this time. Continue Reading
Sirius XM has released its financial results for the fourth quarter and full year of 2019. The company’s acquisition of Pandora in February 2019 had a notable impact on its earnings, including a boost to overall revenue, although higher costs in acquisition, refinancing, and other areas did bring down annual income. Continue Reading
Only the top five, making this an ultra-short list for Forbes. Still, interesting. If you’re guessing Joe Rogan for the top spot, you’re right, but #2 might surprise you. Continue Reading
We got a note from Pocket Casts that two in-app discovery features we’ve been waiting for became active today. They are Guest List (favorite podcasts of a guest curator) and Network Highlight (a selection of one network’s catalog). We checked them out. Continue Reading
The classical music industry is rarely at the vanguard of technology in 21st-century digital music. But streaming service Idagio is taking a bold step. Partnering with Maxim Vengerov, on of the world’s top violinists, Idagio is exclusively releasing his albums… Continue Reading
The BBC has shared a few statistics about its BBC Sounds, one of very few peeks behind the scenes with its app effort. During the last quarter of 2019, the app attracted a peak weekly audience of 2.9 million, besting the record of 2.5 million in the third quarter. Continue Reading
Beasley Media Group has promoted within the family for its latest digital role. Erika Beasley has been appointed vice president of digital content for the company. She joined Beasley in 2004 as a traffic manager. Continue Reading
We last heard about AudioGO, a self-serve digital audio ad-buying platform for small businesses, last May when the company offered an update of its $250-minimum ad buying operation. Today, AdsWizz is announcing two agreements — with Entravision and Berkshire Hathaway HomeServices — that bolster the platforms’ recognition and effectiveness. Continue Reading
Barstool Sports has a new investor. Following up on rumors of a deal, Penn National Gaming has taken a minority stake in the sports media company, which includes a popular podcast network. The agreement will see casino operator Penn National take on a 36% interest stake. Continue Reading