RAIN Notes: Thursday, April 27
— A Question of Disruption (Music Tectonics)
— Knowledge Plus (Passionfroot)
— Mom Trends (Edison Research)
Continue Reading
— A Question of Disruption (Music Tectonics)
— Knowledge Plus (Passionfroot)
— Mom Trends (Edison Research)
Continue Reading
After Spotify’s Q1 earnings report this week, we review the company’s responses to investor questions about podcasting and future new audio categories. Continue Reading
Publicly traded Spotify held its Q1 earnings report this week. As of the first quarter, Spotify serves more than a half-billion total users, of which over 200-million are paying subscribers to the Premium tier. In this post we look at the finances. Continue Reading
— Millions of Reasons (Westwood One)
— The Opportunity (Coleman Insights)
Continue Reading
— Mission Accomplished (Ari Shohat)
— Evolution (Idil Miriam Cakim)
— Excitement (A.J. Feliciano)
Continue Reading
— Crime and More Crime (iHeartPodcasts)
— Playing Ball (Tom Webster / Sounds Profitable)
— Removals (AI music)
Continue Reading
Global podcast company Audioboom released its Annual Report & Financial Statements for 2022. In it, we see double-digit growth in several key metrics. Click through for metrics and insights. Continue Reading
Media sales tech company WideOrbit has launched WO Fusion, which the firm describes as “a next-generation sales platform that creates a scalable application for broadcast TV and radio, as well as cable and broadcast network sales teams.” Continue Reading
Major label Universal Music Group (UMG) has asked Spotify, Apple, and other streaming platforms to block AI-generated music. Based on reporting (HERE and HERE), this is not a legal action, but an urgent request. For now, the news is framed as a request from UMG to streaming services. That stage of protest is reminiscent of major-label protests of Napster and other file-sharing platforms in the late 1990s. That tumultuous period eventually led to label lawsuits against Napster users, meant to both punish individuals and demonstrate purposeful intent to everyone. We see a significant likeness harking back to the 1990s file-sharing epoch. Click through for key facts and RAIN’s speculation. Continue Reading
From NAB Show: Live365, the webcasting platform within SoundStack, announces a deal with performance rights management company Global Music Rights, enabling webcasters to stream GMR music in a royalty-included plan. This means the webcasters are not liable for royalty payments to GMR-represented creators. GMR reps 142 songwriters in a catalog of 81,000 works which includes over 100 Billboard Hot 100 number-one songs. Click for more details. Continue Reading
In a spectacular data project, banking services company NetCredit has analyzed publically available Spotify play data to calculate highest-earning songs on the service, country by country. The result is a lot of data and a glorious array of detailed infographics. Click through for details. Continue Reading