Mike Agovino, formerly COO of Triton Digital, has pivoted quickly into a new role as Executive Vice Chairman of PodcastOne. As we reported yesterday, Agovino left Triton in the wake of its acquisition by Vector Capital. Continue Reading
SoundExchange has reached an agreement with NPR and the Corporation for Public Broadcasting that sets royalty rates for webcasting for the next five years. In doing this, both parties shortcut the Copyright Royalty Board (CRB) rate-setting process which started last year, and will conclude in December when the CRB announces new webcaster music licensing rates for 2016-2020. Continue Reading
As we reported this morning, Vector Capital has acquired Triton Digital. We spoke with Triton President and CEO Neal Schore, to get context around the new business structure. He shared to background and reason for the ownership change, and addressed staff changes. Continue Reading
Universal Music Group has partnered with Mondia Media for the launch of a white-label mobile music service. According to the press release, Mondia Mix is a playlist-based listening platform for iOS and Android that’s aimed at mobile operators interested in providing entry-level streaming to their customers. Continue Reading
Vector Capital, a private equity firm specializing in technology, has acquired Triton Digital, the leading technology provider to the online audio industry. The announcement follows days of rumors. Continue Reading
As NCAA men’s basketball season comes upon us, TuneIn is sending a reminder that it is the exclusive distribution app for streaming the games — every game in the tournament. Last year was a big success. This year TuneIn is adding a new feature. Continue Reading
Quick news items and worthy reads from around the web:
Apple joining the freemium fight? Is the FCC closing field offices? Continue Reading
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THIS WEEK: A radio star moves into podcasting; a profile of the podcast audience; snapshot of radio listening from Nielsen; Pandora’s micro-subscription plan; Apple CarPlay throttles up. Continue Reading
LyricFind announced that it has hired Will Mills as its chief revenue officer. In his new role, Mills will oversee the team’s global business development and sales efforts. He most recently served as vice president of music and content at Shazam. Continue Reading
Tidal has introduced its high-def music service in France. The streaming platform is now available on the French versions of the App Store and Google Play. Subscribing costs €19.99 a month. Continue Reading
Recorded Music New Zealand shared an update on the 2014 music industry in New Zealand. During the year, music revenue totaled NZ$66.2 million. Streaming’s share of the revenue pie rose from 9% in 2013 to nearly a quarter in 2014. Continue Reading
Despite some hesitance from the minority shareholders earlier in March, Jay-Z’s bid to buy Aspiro has reportedly gone through. Last month, some shareholders had voiced skepticism that the bid did not sufficiently value the company, which owns both the Tidal and WiMP streaming services. Continue Reading