Amazon Music announced a new hire, bringing on Adam Block as global head of music catalog. In this new position, Block will oversee the music service’s catalog music strategy, and build relationships with artists and labels. Continue Reading
Focus 360, and audio marketing solutions company, is increasing its podcasting focus with an investment in Lipstick & Vinyl, the podcast network that focuses on delivering underrepresented voices, especially women. Focus 360 will provide advertising representation as part of the new arrangement. Continue Reading
Entercom, the second-largest commercial radio group in the U.S., announced in an earnings call this morning two investments which dramatically deepen its commitment, inventory, and reach in podcasting. It is acquiring two podcast businesses: Cadence13 and Pineapple Street Media. Continue Reading
Entercom made multiple announcements today, including one focused on sports programming. The company shared its plans for the RADIO.COM Sports Digital Network. This platform is slated to debut on August 19. Continue Reading
In addition to announcing two podcast acquisitions and an upcoming digital sports network, Entercom also shared its latest financial results today. The company’s second-quarter revenue was $380.7 million. Continue Reading
Warner Music Group posted a 10.4% increase in total revenue for its third quarter of the 2019 fiscal year, reaching nearly $1.06 billion. Digital revenue reached $648 million, up 12.5% on-year for the period ending June 30. Continue Reading
Vivendi has been looking for a buyer to take over up to 50% of Universal Music Group for several months, and the process has yielded interested parties. Now, the French conglomerate has officially entered talks with China’s Tencent Holdings for a deal around the major label. Continue Reading
Pod Drop highlights noteworthy new and upcoming podcasts from across the vast and fast-growing category. iHeartRadio, Thrive Global, Radiotopia, and Podglomerate all announced new titles for the summer. Continue Reading
Spotify has launched a new partnership with AT&T. This deal will make Spotify’s paid service available as one of the options for a free entertainment subscription through the Unlimited &More Premium wireless plan. Continue Reading
RAIN, the leading knowledge and networking organization for online audio and the digital evolution of radio, is pleased to announce that Bill Wilson, CEO of Townsquare Media, will keynote RAIN Summit Dallas on September 24. Bill Wilson has been a digital frontrunner in music, internet media, and radio for over 25 years. Continue Reading
A new streaming service has launched for listeners in Suriname. The South American country is home to a new platform called TrackDrip. The service has a free tier and a premium subscription option for those who want offline access. Continue Reading
Mixcloud has been a regular experimenter with ways for audio creators to build their businesses. In line with the company’s goals about transparency, Mixcloud has published a blog post outlining the next wave of changes it will be implementing on the platform. Continue Reading