SoundCloud and Targetspot have entered a new deal centered on Europe. The parties have secured an exclusive advertising partnership for France, Germany, and the Netherlands, expanding on their existing arrangements in those markets. Continue Reading
Internal turnover continues at B2B music provider 7digital with the departure of Director and CEO Simon Cole. He will exit the company in April and the top executive role will be filled by John Aalbers. Continue Reading
Brief news items and worthy reads from around the web: Interviews with JP Evangelista of Vevo and Zane Lowe of Apple Music. Also three different recaps of the RAIN Podcast Business Summit. Continue Reading
Endel is an artificial intelligence platform that creates custom compositions for reducing stress, encouraging sleep, or other mood improvements. The app has been signed to Warner Music Group. Continue Reading
Tencent Music Entertainment released its financial results for the fourth quarter and fiscal year of 2018. “Our initial public offering in December 2018 has launched us onto the international stage, elevated the global recognition towards our brand, and endorsed our successful track record,” CEO Cussion Kar Shun Pang said. Continue Reading
Bob Shennan has been promoted within the BBC. Beginning in April, his new post will be the newly created role of group managing director. Shennan’s tenure with the BBC began back in 1987. Continue Reading
Pandora introduced a new feature that allows listeners to customize the experience of listening to their lean-back stations. Pandora Modes offers more control over the algorithmic choices made in the programming of their stations. Continue Reading
B2B digital music company 7digital has appointed Julia Hubbard as its chief financial officer. She will assume the responsibilities from David Holmwood, who has been the business’ acting CFO since June 2018. Continue Reading
Brief news items and worthy reads from around the web: Vulture shares podcast insights. Qualcomm plans future smart speaker chip upgrades. Deloitte finds “subscription fatigue” for video. Continue Reading
Groove Music has formally been out of commission since 2017, and Microsoft is eliminating some of the few remaining routes for accessing the music platform. Groove Music began as a rebrand of Microsoft’s Xbox Music app. Continue Reading
Brief news items and worthy reads from around the web: Voice assistants struggle with discovery. The new journey for indies. What if Google buys UMG? Continue Reading
Warner Music Group has signed a direct licensing deal with Boomplay Music, a leading music streaming service in Africa. Under the terms of their agreement, Boomplay will be able to distribute WMG’s catalog of more than 1 million songs to its listeners Continue Reading