Sony aims to pay artists/labels for Spotify stock sale by August

Sony has made yet another move toward transparency in how it is distributing the proceeds from its sale of Spotify stock. Sony Music Entertainment has informed indie labels by email that it intends to make payments to eligible artists and participants as soon as possible. There is one interesting and revealing point. Continue Reading

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audioBoom secures international ad deals, Formula One show, and Spotify revenue-sharing

audioBoom has followed up its latest financing round with a series of international agreements. The on-demand podcast company inked sales deals with DAX in the UK, The Podcast Exchange in Canada, and Placard Media in Australia and New Zealand. The new partners will be responsible for selling ad inventory for audioBoom’s show roster. Continue Reading

iHeartRadio promotes digital programming exec

iHeartMedia has promoted Kavi Halemane to the role of executive vice president and general manager of digital programming for iHeartRadio. In this position, Halemane will be responsible for overseeing iHeartRadio’s strategy/operations for original digital music station programming, on-demand subscription playlist and free playlist radio curation, and podcast programming. Continue Reading