Spotify has shared a financial outlook for 2018, and the projection includes some very large numbers for the streaming service. In the first quarter of 2018, the company said it expects to see between 168 million and 171 million monthly active users. Continue Reading
ABC Radio has announced that it will launch START HERE, a daily morning news podcast, entering a creative niche that is starting to get crowded. It will be a 20-minute show hosted by Brad Mielke and leverages ABC Radio’s deep news resources. Continue Reading
SoundCloud introduced a new program designed to highlight up-and-coming artists who launch their careers on the audio platform. First On SoundCloud will promote performers with a blend of new music, video, and photo. The inaugural ten artists for the program have been chosen, but anyone can possibly be picked in the future. Continue Reading
YouTube is aware of how many people use its video service as a free way to stream music. According to Lyor Cohen, then company is going to try to counter that trend with a deluge of ads. This is part of an effort to promote YouTube’s new upcoming music subscription product. Continue Reading
Apple’s music mogul Jimmy Ioving is back in headline. Sources reportedly familiar with the exec’s plans told The Wall Street Journal (paywall) that he will transition into a consulting role in August. At that time, they said he will be less involved with the day-to-day operation of the Apple Music streaming platform. Continue Reading
8tracks has announced a new integration with Spotify. In the latest version of the 8tracks iOS app, listeners’ favorited tracks can be automatically saved to a dedicated Spotify playlist. With this “8tracks Discoveries” playlist, people can revisit their finds on-demand. Continue Reading
Pandora has announced its acquisition of AdsWizz, as the largest music streaming service in the U.S. is set to take over a key digital audio ad-tech company. Continue Reading
Songwriters and composers in the UK are making a push for music publishers to include them in their recent licensing negotiations. Ahead of Spotify’s direct listening date, the British Academy of Songwriters, Composers & Authors is calling on publishers to commit to sharing proceeds from their sales of stock in the streaming music company. Continue Reading
iHeartRadio announced a new deal focused on its app for children’s audio. iHeartRadio Family is the exclusive music partner for Kidomi, an interactive and educational app from Fingerprint. Continue Reading
Spotify has hired Tom Connaughton as its head of artist and label marketing for the UK. Connaughton previously worked at Vevo, most recently as the video company’s senior vice president of creative content and programming. Continue Reading
Facebook has taken its licensing deals across the Atlantic. These latest agreements add to Facebook’s stable of both the European-centric deals, such as with online rights hub ICE, and its work with outlets from the major labels, including Warner Music Group and Sony/ATV. Continue Reading
SoundCloud has hired Antonious Porch as its new general counsel. In this role, Porch will lead the legal affairs and public policy strategy for the audio company. He joins SoundCloud from Shazam, where he held the same post, and he also worked at Viacom for more than a decade. Continue Reading