Last month, we reported on the upcoming Roxi set-top streaming device from Electric Jukebox. There were no definite U.S. release dates at that time, but the company has started shipping the device stateside beginning today. B2B music provider 7digital will be Electric Jukebox’s partner, providing the Roxi music catalog for the U.S. market. Continue Reading
CBS Radio announced a relaunch of its Radio.com free mobile streaming app. The program now sports new visuals and higher audio quality. Listeners can access live streams of local radio stations and search for other CBS Radio channels by location or genre. Radio.com is also now home to CBS Radio’s podcast portfolio. Continue Reading
reVolver Podcasts announced a new partnership with Univision around the creation of exclusive content for Spanish-language and multicultural listeners. Under this deal, the reVolver Studios division will create custom audio content for Universal that leverages the company’s brands and talent. Continue Reading
Crowdfunding platform Patreon has closed a series C funding round of $60 million, bringing its total raised to $107 million. The new financing will go toward hiring and scaling growth for the patronage-based platform for supporting creative projects by artists, musicians, performers, and, noteworthy for RAIN readers, podcasters. Continue Reading
Pandora has rolled out its Video Plus ad product to all advertisers. This option means that brands only pay when users watch 15 seconds of a video ad. In exchange, the viewer temporarily unlocks listening features that would typically be available only for Pandora Plus or Pandora Premium subscribers. Continue Reading
We learn from Billboard that Ty Roberts, Chief Technology Officer of Universal Music Group (UMG) has left the company after a little more than a year. Ty Roberts’ sideways career move from Gracenote to Universal was seen by many as a significant signal that the music industry could, to some extent, reinvent itself as a technology industry — or at least a tech-flriendly, tech-fluent one. Continue Reading
Last week, Spotify announced its latest bundle subscription deal. The music company has teamed with video streaming platform Hulu to offer a access to both services for $4.99 a month. This bundle includes Spotify Premium and the Limited Commercials plan from Hulu, which usually costs $7.99 a month. Continue Reading
Nielsen has released the Total Audience Report for Q1 2017 with a focus on breaking down the generational differences in media consumption. In the latest results, AM/FM radio represented an ever smaller share of daily time spent for each younger age bracket. Continue Reading
Tencent Music has entered a deal with Alibaba, an e-commerce giant and another top business venture in China. Under the new arrangement, Alibaba will have the rights to stream music from some of Tencent’s exclusive deals with the major labels. Continue Reading
Triton Digital announced that Nobex Technologies will be the preferred mobile app provider for its Spacial Audio branch. Through this partnership, broadcasters using Spacial Audio’s online radio technology platforms will also have mobile apps created for their stations. Continue Reading
Spotify has hired Courtney Holt as the new head of its Studios and Video departments. He replaces Tom Calderone, the former VH1 exec who departed the company earlier this month. Calderone spearheaded the development of Spotify’s programming in video and podcasts. Continue Reading
Performing rights organization BMI shared the financial results from the 2017 fiscal year. Annual revenue reached a record high of $1.13 billion. Distributions and administrations to artists totaled $1.023 billion, another record figure. According to the press release, BMI’s 2017 results are the largest public performance revenue and royalty distributions of any music rights organization worldwide. Continue Reading