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BMI annual revenue breaks $1 billion
BMI reported revenue of $1.06 billion for its fiscal year ending June 30, the highest it has posted in the company’s history. It also distributed $931 million to its songwriters, composers, and publishers, another record high on the back of a 6% on-year increase. Continue Reading
Pandora and Uber roll out rider-side listening
Pandora has rolled out the second stage of its collaboration with ride-sharing company Uber. Today, the rider-side integration has rolled out, so passengers can have their channels play through the car speakers. Continue Reading
Gracenote brings metadata power to pay-TV music video experiences
Music metadata company Gracenote has launched new services aimed at helping pay-TV providers to create interactive music experiences. Integrating Gracenote’s tools would allow operators to create music video channels and services. It can create genre- or mood-based music video playlists with the ability to thumbs up or thumbs down songs for personalization. Continue Reading
Streaming share grows for Spain (H1 2016 results)
Spanish industry group Promusicae posted the country’s music results from the first half of 2016. The digital market outpaced physical sales for the first time in the six-month period, accounting for 63.52% of the total at revenue of €46.69 million. Continue Reading
Podtrac podcast publisher rankings for August
Podtrac has released its August rankings of podcasts. The list covers publishers using Podtrac’s service to measure program consumption. NPR tops the list for a fifth straight month Continue Reading
New Spotify video series stars NFL players
Spotify is continuing its original video expansion with a new show called Trading Playlists. The program’s seven episodes pair up players from the National Football League to chat about their listening preferences and favorite tunes. Continue Reading
On the Move: In at streaming, out at labels
On the Move tracks hires, promotions, and other notable personnel changes within the online audio industry. Today’s moves include new additions to the teams at Spotify, Apple Music, and Deezer. Continue Reading
Quick Hits: Vinyl, iHeartMedia, Starbucks, and songs of the summer
Brief news items and worthy reads from around the web: Another spin on the vinyl resurgence; iHeartMedia turns to a future-proofing plan; new stories from Starbucks; Spotify songs of the summer. Continue Reading
Aussies are using new media for music, but don’t like to pay for it
Eventbrite and Media Insight Consulting partnered for a survey of Australia’s music consumers. The results showed large interest in new music technology, particularly among younger generations, but heavy resistance to investing in music. Continue Reading
Pandora’s Tim Westergren looks forward: “Exclusives are a losing battle”
Pandora CEO Tim Westergren gave investors first hints about what the forthcoming on-demand platform will look like. He gave a presentation at the Citigroup Global Technology conference in New York and shared some of the philosophy driving the creation of the new product. “We’re not approaching this from a me-too mentality,” he said. Continue Reading
Apple Music has 17 million subscribers
Apple hosted a keynote event today with the latest updates on its technology. The event highlighted lots of developments on hardware, but its Apple Music software did have a few notable moments as well. Most importantly, CEO Time Cook shared that Apple Music has risen to 17 million subscribers since it launched. Continue Reading