Warner Music Group published the financial results for its fiscal first quarter, which it reports as the three-month period ending December 31, 2018. The company posted total revenue up 15.1% on-year to $1.2 billion, with digital revenue increasing 17.6% to $627 million. Continue Reading
Deezer announced that it has appointed Tarek Mounir as its CEO of the Middle East and North Africa. He will join the company effective April 1 after more than eight years working in the same region for international broadcast media company Turner. Continue Reading
Mixcloud has hired Daniel Petruzzi as its vice president of partnerships. Petruzzi will focus on developing engagement within the company’s U.S. creator community. He will also be promoting the Mixcloud Select fan-to-creator subscription service. Continue Reading
Despite a few early experiments, augmented reality glasses have mostly remained the stuff of science fiction. But Bose is making its own attempt to enter this space with the launch of Frames glasses in the U.S. The audio-focused sunglasses contain speakers in the frame and microphones near each temple. Continue Reading
Brief news items and worthy reads from around the web: How much will customers pay to stream? Two different features explore the idea that podcasts are the new blogs and that podcasts are the new video. Continue Reading
Amazon reported its fourth-quarter financial results, closing the year with more big numbers and a big focus on its smart speakers. CEO and Founder Jeff Bezos gave a comment for the earnings press release, but his sole focus was the company’s voice assistant and smart home collection. Continue Reading
Spotify has been mobilizing for an anticipated launch in India, with the rumor mill pointing to a potential launch in January. However, with the first month of 2019 come and gone, Spotify is not making that hoped-for timeline. Continue Reading
YouTube has promoted Carletta Higginson to director, global head of music publishing. Higginson has been under the Google umbrella for five years, most recently as director, music publishing in North America for YouTube and Google Play Music. Continue Reading
Mixcloud has hired Joseph Strinati for a role as business director of brand partnerships. In this position, Strinati will be responsible for building commercial relationships with new and existing clients. Continue Reading
Sirius XM released its fourth-quarter financial results. Total revenue in Q4 was nearly $1.5 billion, up from $1.4 billion. Quarterly net income reached $251 million, compared with a loss of $37 million in the year-ago period. Continue Reading
Apple Music is pursuing new partnerships to bring the streaming service to new audiences. The latest tie-up will give Apple Music subscribers access to their music on American Airlines flights without needing to purchase WiFi. Continue Reading
Rhapsody International announced that it has hired Angel Gambino as its new chief commercial officer. In this role, she will be responsible for leading the business development, marketing, product, and partner management teams for Rhapsody in North America, Europe, and Latin America. Continue Reading