Tencent Music Entertainment has released its financial results for the first quarter. Although it did beat out financial expectations, Wall Street still responded cautiously to the results. And there could be more uncertainty on the horizon for Tencent Music: Guomin Xie is stepping down from his role as co-president and director. Continue Reading
DJ-centric music platform Beatport is making one more attempt at streaming. The company introduced a subscription service called Beatport LINK in beta. This platform will make the retailer’s entire catalog available to stream directly into performance software. Continue Reading
Spotify introduced a new tool called Soundtrap for Storytellers that will further solidify its new reputation in podcasting. The new cloud-based tools are the result of Spotify’s acquisition of Soundtrap in late 2017. Continue Reading
Triton Digital announced that the company has signed Moody Radio as its latest client. The U.S.-based Christian radio network will leverage the audio streaming network from Triton to deliver its content online, including teaching programs, interactive talk shows, local morning shows, and Christian music. Continue Reading
ART19 has announced its completion of the Interactive Advertising Bureau certification for podcast measurement compliance with the IAB’s audience measurement standards. Continue Reading
Deezer made a pair of announcements this week. First, the audio company rolled out a rebrand with an updated appearance and design for its app. Second, Deezer is adding some support for voice controls on its free tier. Continue Reading
Stitcher, the podcast network owned by E.W. Scripps, announced two major hires for its operation. Sarah van Mosel joins the company in the role of chief revenue officer, leaving Market Enginuity. Daisy Rosario joins Stitcher from NPR station WAMU, becoming Executive Producer. Continue Reading
After releasing its Infinite Dial Australia 2019 report, Edison Research and Triton Digital have turned their focus to the north. The duo shared a preview of the results from the Infinite Dial Canada report, the second time this survey has polled the country. Continue Reading
Google has surpassed 15 million subscribers to its paid music services. Bloomberg cited anonymous sources familiar with the tech giant who gave the figure as the paying audience for YouTube Music Premium and Google Play Music. Continue Reading
Apple Music has made a new hire for its publishing unit. Lindsay Rothschild is the new head of creative services in North America for the division. She joins the company from Google. Continue Reading
Pandora announced two new developments this week, both with an eye toward expanding its listener base. First, the audio platform entered a partnership with mobile navigation app Waze. Second, Pandora has introduced two new reduced-cost subscription options for its Premium service. Continue Reading
Digital audio advertising platform Targetspot has opened a new office in Atlanta, and hired Joshua Sermons as new Sales Director South East. Sermons comes from Katz Radio Group. Continue Reading