Libsyn shared some of its metrics from the second quarter, revealing growth in multiple areas of its podcast operation. In addition to the general growth, Libsyn recently announced a partnership with Deezer and the launch of a new Spanish language podcast called Sobre Podcasting. Continue Reading
Amazon Music announced a new hire, bringing on Adam Block as global head of music catalog. In this new position, Block will oversee the music service’s catalog music strategy, and build relationships with artists and labels. Continue Reading
iHeartMedia is continuing to expand its efforts to integrate podcasts with its radio programming. The latest part of the Podcast, Meet Broadcast campaign is a project called Sunday Night Podcasts. Continue Reading
Focus 360, and audio marketing solutions company, is increasing its podcasting focus with an investment in Lipstick & Vinyl, the podcast network that focuses on delivering underrepresented voices, especially women. Focus 360 will provide advertising representation as part of the new arrangement. Continue Reading
PodcastOne announced that it is adding a hosting option to its available services for podcasters. The company will offer hosting through its new Launchpad Digital Media, or LaunchpadDM, brand. Continue Reading
Entercom, the second-largest commercial radio group in the U.S., announced in an earnings call this morning two investments which dramatically deepen its commitment, inventory, and reach in podcasting. It is acquiring two podcast businesses: Cadence13 and Pineapple Street Media. Continue Reading
Entercom made multiple announcements today, including one focused on sports programming. The company shared its plans for the RADIO.COM Sports Digital Network. This platform is slated to debut on August 19. Continue Reading
In addition to announcing two podcast acquisitions and an upcoming digital sports network, Entercom also shared its latest financial results today. The company’s second-quarter revenue was $380.7 million. Continue Reading
Warner Music Group posted a 10.4% increase in total revenue for its third quarter of the 2019 fiscal year, reaching nearly $1.06 billion. Digital revenue reached $648 million, up 12.5% on-year for the period ending June 30. Continue Reading
Westwood One Podcast Network has hired four new production hires to its team. “This latest round of hiring further demonstrates Westwood One’s commitment to quality and scale as we grow our podcast business and serve our extraordinary partners and content providers,” Executive Editor John Wordock said of the new additions. Continue Reading
Townsquare Media’s Q2 earnings call was hosted this morning by CEO Bill Wilson and EVP/CFO Stuart Rosenstein. In it, the radio group reinforced its primary identity as a “premier local and digital marketing solutions company.” As in the Q1 report, Townsquare’s digital initiatives led the company’s business. Continue Reading
Vivendi has been looking for a buyer to take over up to 50% of Universal Music Group for several months, and the process has yielded interested parties. Now, the French conglomerate has officially entered talks with China’s Tencent Holdings for a deal around the major label. Continue Reading