Here’s Q2 2022. (See accompanying story for details.): For comparison, here’s Q1 2018: As you can see, AM/FM declined over the period from a 47% share to a 40% share (a 15% decline over the slightly more than four… Continue Reading
Broadcast and podcast ad sales company AdLarge Media announced today that Matt Turck, co-founder of Megaphone (acquired by Spotify in December of 2020) has joined their has leadership team as Head of Podcast Growth and Strategy According to the announcement:… Continue Reading
While other ad-supported online brands like Facebook, Twitter, and Pinterest showed weak Q2 year-over-year growth rates in ad revenues, Amazon showed healthy growth, CNBC reported yesterday. According to CNBC, “While the bulk of its business comes from e-commerce and cloud… Continue Reading
Boston-based serial entrepreneur Paul English has sold his latest venture, podcast discovery app Moonbeam, to Audacy, with plans to plow the proceeds into his newly launched startup incubator, the Boston Globe reported this week. According to the paper, “English declined to… Continue Reading
Stockholm-based Spotify announced its Q2 2022 financial performance yesterday, beating its guidance on all key measures except gross margin and profitability, with global Monthly Active Users up 19% year-over-year (from 365 million to 422 million listeners), and quarterly revenues up… Continue Reading
News emerged yesterday that Spotify has discontinued production of its Car Thing product — the company’s first hardware device, launched only five months ago and marketed as a way to achieve more convenient listening to Spotify in automobiles. Spotify is… Continue Reading
Disney-owned ABC News announced yesterday that it has promoted its Manager of Digital Audio, Josh Cohan, to Director of Podcast Programming for ABC News. In this role, he will help develop and execute the content strategy for the division’s podcast… Continue Reading
Two more executives at Rogers-owned Pacific Content, which produces branded podcasts for a portfolio of North American brands — Director of Audience Development Dan Misener and Head of Strategy Jonas Woost — announced their departure last week. They follow the… Continue Reading
Podcast listening among Canadians hits a new high for weekly and monthly habits, according to The Infinite Dial 2022 Canada from Edison Research and Triton Digital, 43% percent of Canadians 18+ listen to podcasts monthly, up from 38% in 2021, which RAIN calculates is… Continue Reading
In the current issue of Bloomberg Businessweek, the publication argues (in the article’s subhead) that “Joe Rogan, Bill Simmons, and Call Her Daddy haven’t fixed the business.” Journalist Lucas Shaw describes the hiring of former TV/cable exec Dawn Ostroff, who… Continue Reading
The entrepreneur behind the websites Radio.co, Podcast.co, and a website that matches podcasts hosts with podcast guests, Matchmaker.fm, James Mulvaney, was recently featured in a Forbes.com profile. Mulvany is a 15-year veteran of the radio industry, with a flagship product,… Continue Reading
In a recent investor gathering, Spotify CEO Daniel Ek keynoted his company’s presentation with a manifesto which promoted Spotify’s accomplishments — in the product and the financials — and broadly charted a big-thinking future. Click through for a highlight reel (so to speak) of his most meaningful and revealing quotes. Continue Reading