Financial, talent, and product investments are raising podcasts to a new stature in the streaming audio landscape. We review recent investment news, and look at what podcasting might become as the category quickly matures. Podcasting is drawing up a seat to the table. Continue Reading
At today’s Spotify Event, held in the company’s New York office, CEO Daniel Ek and other senior leaders announced and demonstrated new features that will roll out in updated apps starting today. There are three main parts of Spotify’s announcement. “Life with Spotify will never be the same,” CEO Daiel Ek said. Continue Reading
Brief news items and worthy reads from around the web: Two streaming talks at The Great Escape; ASCAP not done fighting Pandora; digital audio ads growing slowly in the UK; a profile of Pakistani streaming service Patari. Continue Reading
Robert Ashcroft, CEO of PRS for Music, spoke about the concerns for UK publishers and songwriters at the performing rights organization’s annual general meeting. His critiques were focused on online platforms that thrive on user-generated content, such as YouTube and SoundCloud. Ashcroft said those services have been unfairly benefiting from safe harbor laws. Continue Reading
Data, and more data. Pandora announced this morning its acquisition of music analytics company Next Big Sound. Terms of the deal were not disclosed. Continue Reading
Global on-demand music service Deezer is announcing today the integration of Stitcher audio programs, following Deezer’s acquisition of the long-established podcast app in October. The integration mixes news, entertainment, and sports programs to Deezer’s 35-million-song music catalog. Continue Reading
France’s Conseil supérieur de l’audiovisuel, also known as the CSA, has announced that it plans to launch a public consultation about digital terrestrial radio by the end of May. This consultation is expected to decide which regions of the country should be the next to receive digital radio infrastructure. More than a dozen French cities are up for consideration, and the new digital stations are projected to go on-air by September 2016. Continue Reading
Audible made its name in the digital space selling subscriptions to audiobooks. Now, as podcasting’s star continues to rise, the Amazon-owned company appears to be shifting its focus to take advantage of the newest trend. Audible hired NPR’s top content developer to a new role as SVP of original content. Continue Reading
Money continues to flow into the burgeoning podcast category as Bonnier Growth Media, a Swedish investment firm, today announced closing a $5-million capital investment in Acast, and podcast and advertising network, also in Sweden. Continue Reading
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The weekly update of the streaming audio industry, from RAIN News. THIS WEEK: BMI wins lawsuit vs. Pandora; new streaming advertising report; Apple/Beats rumors; Rdio’s new plan Continue Reading
Digital Music News is reporting that Spotify may place some restrictions on its freemium listening tier. Unnamed sources have told that site that the free, ad-supported access could be limited to just three months under a new proposal. This is the type of change that labels and publishers have been pressuring the streaming service to make, and the leaders at Universal and Sony seem to be the driving force behind the rumored proposal. Continue Reading
Radiotopia received an investment of $1 million from the John S. and James L. Knight Foundation. The podcast network will use the money to add to its portfolio of shows and to hire an executive producer. It is the second time that the Knight Foundation has contributed to Radiotopia’s development; it also gave $200,000 in February 2014. Continue Reading