Midroll Media’s podcast networks share new show announcements
Midroll Media’s podcast networks have shared their new show lineups. Earwolf, Stitcher, and Stitcher Premium are each expanding their programming. Continue Reading
News
Sirius XM Q1 earnings: Revenue and subscriber growth
Satcaster Sirius XM reported its Q1 financials yesterday. subscriptions up 330,000 to over 33-million. Revenue climbed 6% to 1.4-billion. Full-year guidance unchanged. CEO James E. Meyer commented on Pandora & iHeartMedia situations. Continue Reading
Sonos lays groundwork for IPO in summer 2018
Sonos has filed the paperwork for an initial public offering as early as June. The smart speaker company is looking to raise capital in the hundreds of millions range, according to The Wall Street Journal. Continue Reading
Apple news: European investigation, Nashville office, and Bandsintown integration
The week is barely half over and it has already been an eventful few days for Apple and Apple Music. The company has been involved in new partnerships and expansions in the United States, whole its European efforts have hit a possible roadblock. Continue Reading
Pandora Premium launches on Xbox One
Pandora announced that it is bringing its paid experience to more gaming fans. Pandora Premium is now available on the Xbox One console from Microsoft. This app update includes standard Premium features and controls for navigating your library on the gaming hardware. Continue Reading
The new YouTube subscription could mean the end of Google Play Music
The Google-YouTube family has been moving forward on a new music subscription launch, but the latest reports point to the new service being a replacement rather than an addition to the portfolio. The service, internally dubbed YouTube Remix, may be intended to replace Google Play Music when it launches. Continue Reading
7digital launches U.S. advisory board, secures new international contracts
B2B music provider 7digital shared an update on its latest business developments. During the first quarter of 2018, the company secured new contracts with a lifetime value of £2.3 million. The UK-based company is also creating an advisory board that will support its operations in the United States. Continue Reading
Spotify adds select on-demand options to freemium tier
Spotify has unveiled a new version of its mobile app that adds select on-demand features to its freemium tier. Free listeners will get on-demand access to 15 of Spotify’s personalized discovery playlists — such as Discover Weekly, Release Radar, and the Daily Mixes — and its popular curated collections — including RapCaviar and Ultimate Indie. Continue Reading
IFPI Global Report: Streaming is the world’s top music revenue source
Streaming revenue has topped yet another report. The International Federation of the Phonographic Industry has released its Global Music Report 2018, which showed a third consecutive year of increased music sales on the back of streaming growth. Continue Reading
PRS for Music announces record high collections and distributions for 2017
PRS for Music, a UK collection agency, announced that it paid out record royalties to its members last year. The group’s 2017 payouts totaled £605.1 million, up 14.7% from the 2016 amounts. PRS said that 6.6 trillion performances were reported last year, a 53% on-year increase that led to a record-high collection total of £717 million. Continue Reading
Deezer updates Flow with multiple playlists, including a discovery option
Deezer is updating the signature Flow feature in its streaming music service. Flow is a lean-back option designed to deliver songs tailored to the individual’s taste with minimal engagement from the listener. Now, Deezer has added an option that gives listeners more control over what they hear. Continue Reading
Facebook lands four more indie music licensing deals
Facebook has continued its spree of licensing deals, inking a bunch of agreements with groups for independent artists. On Friday, it announced deals with Merlin, [PIAS], Beggar’s Group, and InGrooves. Those four groups will make their catalogs available to the social media network’s users. Continue Reading