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Borrell: Programmatic advertising will take over by 2024; sales reps gone

Posted on by Brad Hill

Programmatic advertising is well established in the web display industry, and growing fast in video. Radio (broadcast and streaming) lags behind, but awareness is growing as ad-buying software platforms become more sophisticated for audio. What is the future? For Gordon Borrell, the answer is clear: Programmatic will take over audio ad buying and selling, and sales reps face elimination and changing roles. Continue Reading →

Pandora earnings: Positive financials; slowing audience growth; plummeting stock

Posted on by Brad Hill

Pandora’s Q3 earnings call on Thursday marked an anniversary of the one-year directorship of CEO Brian McAndrews. McAndrews told a story of record-breaking financial results, and slowing audience growth. Wall Street punished the company severely in after-hours trading following the late-afternoon call, and in today’s formal session. Continue Reading →

Internet Radio Rewind #018

Posted on by Brad Hill

A weekly podcast from RAIN News

Sponsored by AudioBoom

A seven-minute blast of news you need to know in streaming music and online audio. This week: Deezer acquires Stitcher; Pandora earnings; Spotify study; Google relaunches streaming; Pandora AMP; NASA in SoundCloud.

This week: Sirius XM loses again in court; NextRadio milestone; SoundCloud’s struggles; SONY publishing threat; TuneCore payouts; Twitter’s new music feature Continue Reading →

Rhapsody brings on first CEO in more than three years

Posted on by Anna Washenko

Rhapsody has brought a new interim CEO into its executive ranks. David Hose will head the company for the time being while the board conducts a search for a permanent CEO. Hose has acted an as adviser, investor, and founder for several music- and mobile-centric companies. He most recently founded Soundwall, a startup that combines music and art to create “wireless connected canvases.” Continue Reading →

Deezer acquires Stitcher

Posted on by Brad Hill

BREAKING

Deezer, the Paris-based on-demand music service which operates in 180 national markets, has acquired Stitcher, the market-leading podcast app. The breakthrough deal puts a whole new category of content into the Deezer library. RAIN spoke to Tyler Goldman, Deezer’s CEO of North America. Continue Reading →

Millicom partners with Deezer for streaming music service in Africa

Posted on by Anna Washenko

Telecom company Millicom announced that it is expanding its partnership with Deezer into five new markets across Africa. The firm’s Tigo brand will be working with Deezer to launch its Tigo Music streaming service in Ghana, Chad, DR Congo, Rwanda, and Tanzania over the coming months. Tigo will market and distribute the music service by bundling it with mobile data packs for its growing smartphone population. Continue Reading →