Amazon has been a dark horse in the digital music industry for years, and the conglomerate is beginning to emerge from the shadows as a more visible player in the space. Financial Times reported last week that Amazon Music Unlimited has grown its subscriber base by about 70% in the past year. Continue Reading
Roxi Music announced that it is pursuing an IPO for the fourth quarter. The UK-based company makes Roxi, a set-top streaming music device and remote control. It has selected Arden Partners as its investment bank while it works towards listing on the alternative investment market of the London Stock Exchange. Continue Reading
Germany’s music industry posted 7.9% growth during the first half of 2019, the biggest growth rate since 1993. Trade group BVMI announced that H1 total revenue was €783.21 million, compared with €725.9 million in the year-ago period. Continue Reading
The BBC has announced a trio of new controllers, including an appointment to head its latest effort in mobile audio. Jonathan Wall is the first controller for the BBC Sounds app. Continue Reading
Veritonic, a preeminent audio value technology platform, today announced its Audio Score — a measure of audio effectiveness that can be applied to audio ads, sonic brand elements like audio logos, voices, music, and scripts. The idea is to apply a grading standard of effectiveness to any audio which is created to influence audiences and create deeper relationships with customers. Continue Reading
LyricFind announced a new deal with the Canadian government. The Toronto-based lyrics licensing and database company received funding from the Department of Canadian Heritage Creative Export Canada program for a two-year effort focused on licensing, transcribing, and translating works by artists and songwriters in the country. Continue Reading
Spotify introduced a new version of its app specifically designed for regions with limited or weak mobile coverage. Spotify Lite is available as a free download for Android devices in 36 markets around the world. Continue Reading
Spotify has hired Cameron Farrelly as its new global creative director. In this capacity, he will oversee the creative vision for artist and music marketing, along with developing campaigns, activations, and original intellectual property. Continue Reading
Rolling Stone has launched its own interactive charts to monitor music popularity. The charts are powered by BuzzAngle Music, which rebranded to the name Alpha Data following an investment from Rolling Stone parent Penske Media Company last July. Continue Reading
Tidal added new interactive credits to display the production roles for tracks. The credits include information about songwriters, producers, engineers, and session musicians. It will let you pick “View All” to display all credits or to limit the display to a particular role. Continue Reading
RAIN News has confirmed that Brian Benedik, currently VP and Global Head of Revenue at Spotify, will leave the company at the end of September. The departure is wholly Benedik’s decision, and the company is starting a search for his successor. Continue Reading
China has been a market of interest and growth for audio over the past year, but that rise may not continue unchecked. The Cyberspace Administration of China ordered 26 audio-focused apps to close or enter talks with regulators on Friday. Continue Reading