SoundCloud reportedly exceeded $100 million in revenue for 2017. CEO Kerry Trainor shared the update with the Financial Times, adding that the audio company’s user base also grew in all of the last three quarters. Continue Reading
Daniel Ek, founder and CEO of Spotify, has often been quoted taking the long view of the streaming music industry, and the destiny of his company. Today is a milestone in Spotify’s business history, as SPOT begins trading on the New York Stock Exchange. Memorializing the moment, Ek posted a letter on his company’s internal blog. “We are only in the second inning,” he said. Continue Reading
Things are looking good for Amazon’s musical efforts these days. Amazon is amassing a growing music audience that now numbers “tens of millions” of paying customers, while its Amazon Music Unlimited program has more than doubled its subscriber count in the past six months. The success of smart speakers and a growing number of Prime membership subscribers have been the main factors in Amazon’s music audience expansion, according to a top exec. Continue Reading
Podcast company Podbean has unveiled an update to its statistics, making them fully compliant with the IAB Podcast Measurement Guidelines. The revised system will be released starting April 3. The company noted that the changes will probably lead to a reduction in the numbers reported to its users. Continue Reading
Rhapsody International has promoted Brian Ringer to a new role within the streaming music company. His new position is as executive vice president and general manager for Asia Pacific, and he’ll be responsible for strategic growth in the market. Continue Reading
Consequence of Sound, a music news blog, has made two moves into building out its in-house audio content business. First, today the company announced the launch of the Consequence Podcast Network. In addition, AdLarge has told RAIN News that its digital audio division cabana entered a podcast advertising sales partnership with Consequence of Sound. Continue Reading
TuneIn announced a new subscription offering specifically for accessing its audio content on Amazon Alexa. TuneIn Live offers access to premium live audio from the company, including news stations, talk shows, and professional sporting events, on smart speakers. Continue Reading
Apple Music is getting an update that will place a spotlight on videos. The main “browse” tab now includes a music video section. The newest version of the streaming service comes with the iOS 11.3 update today. Continue Reading
NPR has shared its latest broadcast and digital ratings, with the broadcaster reaching its highest results to date. In the Nielsen Audio Fall 2017 ratings, NPR had 37.7 million total weekly listeners for all programming on its stations. Continue Reading
Pandora has unveiled a new feature called personalized soundtracks. These playlists use the Music Genome system alongside human curation to provide a new batch of suggested listening based on each individual’s moods, activities, and favorite genres. Continue Reading
TuneIn has hired Juliette Morris as its first chief marketing officer. Morris joins TuneIn with more than two decades of experience in media, most recently at NBCUniversal where she oversaw partner marketing, communications, local ad sales, and more. Continue Reading
The Infinite Dial 2018 presented fascinating insights on the state of audio in the United States. If that report’s glowing outlook for podcasts and smart speakers, plus its dapperly-attired hosts, have you ready for more data, you’re in luck. Continue Reading