Stockholm-based Spotify announced its Q2 2022 financial performance yesterday, beating its guidance on all key measures except gross margin and profitability, with global Monthly Active Users up 19% year-over-year (from 365 million to 422 million listeners), and quarterly revenues up… Continue Reading
News emerged yesterday that Spotify has discontinued production of its Car Thing product — the company’s first hardware device, launched only five months ago and marketed as a way to achieve more convenient listening to Spotify in automobiles. Spotify is… Continue Reading
Disney-owned ABC News announced yesterday that it has promoted its Manager of Digital Audio, Josh Cohan, to Director of Podcast Programming for ABC News. In this role, he will help develop and execute the content strategy for the division’s podcast… Continue Reading
Two more executives at Rogers-owned Pacific Content, which produces branded podcasts for a portfolio of North American brands — Director of Audience Development Dan Misener and Head of Strategy Jonas Woost — announced their departure last week. They follow the… Continue Reading
Podcast listening among Canadians hits a new high for weekly and monthly habits, according to The Infinite Dial 2022 Canada from Edison Research and Triton Digital, 43% percent of Canadians 18+ listen to podcasts monthly, up from 38% in 2021, which RAIN calculates is… Continue Reading
In the current issue of Bloomberg Businessweek, the publication argues (in the article’s subhead) that “Joe Rogan, Bill Simmons, and Call Her Daddy haven’t fixed the business.” Journalist Lucas Shaw describes the hiring of former TV/cable exec Dawn Ostroff, who… Continue Reading
The entrepreneur behind the websites Radio.co, Podcast.co, and a website that matches podcasts hosts with podcast guests, Matchmaker.fm, James Mulvaney, was recently featured in a Forbes.com profile. Mulvany is a 15-year veteran of the radio industry, with a flagship product,… Continue Reading
In a recent investor gathering, Spotify CEO Daniel Ek keynoted his company’s presentation with a manifesto which promoted Spotify’s accomplishments — in the product and the financials — and broadly charted a big-thinking future. Click through for a highlight reel (so to speak) of his most meaningful and revealing quotes. Continue Reading
Jottings of Note
— Media Replacement (Jack Myers)
— New Season (Vanishing Postcards)
— Infinity (Edison Research)
In a sweeping proclamation of global audio technology influence, Triton Digital has announced the integration of audio ad-tech platform Jelli into its system. Complementing that development, several Triton execs have been promoted. Click through for lots of details. Continue Reading
In a seemingly win-win scenario, global podcast company Acast has signed a distribution deal with Resso, a streaming music service operating in Brazil, India and Indonesia. Resso was started two years ago by ByteDance, parent company of TikTok. Click for more. Continue Reading
With an ambition to make podcasts more accessible, the Crooked Media network has partnered with Adobe and its Premiere Pro’s speech-to-text technology to create captioned videos of podcasts. Production speed is key. Click for details and a behind-the-scenes video. Continue Reading