Sony posted another strong period for its second fiscal quarter. The whole music division had quarterly sales of $2.04 billion (219.28 billion yen), on operating profit of $349 million (37.48 billion yen). Continue Reading
Apple released its quarterly financial results for the period ending September 28. The tech company reported quarterly revenue of $64 billion, up 2% from the year-ago period. Services revenue continued to rise for Apple. Continue Reading
Spotify is rolling out a standalone app for its youngest listeners. Spotify Kids is a separate app to supplement a family plan. The app has a simplified design for easy navigation and with bright colors. Continue Reading
Sirius XM posted its financial results from the third quarter. The audio company reported total revenue of $2.01 billion, up from nearly $1.47 billion in the year-ago period. Net income in the quarter was $246 million, or 5 cents per diluted share. Continue Reading
Google and PRX have expanded their partnership centered on training and education for aspiring podcasters. The latest effort is a 10-part video series called Podcasting 101. The show will cover topics such as audio recording tips, script writing, interview skills, and monetization. Continue Reading
Triton Digital announced that Vibenomics, a specialist in cloud-based audio experience solutions, has signed on as its latest partner. Triton will help monetize the new Vibenomics Audio Out-of-Home advertising marketplace. Continue Reading
Spotify released its results from the third quarter of 2019. Total revenue for the period reached €1.73 billion, up from €1.35 billion in the same period last year. Along with the financial update, the company also announced that its CFO plans to retire. Continue Reading
Pacific Content has hired Jonas Woost as its director of business development. In this role, he will be responsible for continuing to expand Pacific Content’s roster of clients and podcasts. Continue Reading
Amazon released its third-quarter earnings, marking an unusual uneven quarter for the tech empire. Net sales totaled $70 billion, up 24% from $56.6 billion in the same quarter of 2018. Continue Reading
Rhapsody and Sony Music Entertainment Japan have officially launched their mora qualitas streaming service in Japan. The platform, initially unveiled in December 2018, offers high-resolution music from the Sony catalog, as well as libraries from other labels and distributors. Continue Reading
NPR is changing its approach to video content. After several years running the VuHaus collection of music-related videos from several public radio stations, NPR has relocated that material to a new microsite within NPRMusic.org. This section is called Live Sessions From NPR Music Stations Across America. Continue Reading
Spotify is trying out a new layer to its alerts about new music releases. The platform already shows full-screen pop-ups to users when their favorite artists drop new albums. With the new feature, artists and their management would have the option to pay to sponsor those recommendations. Continue Reading